Abilene Classical Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 216,194 | 118,527 | 97,667 | 11.1 | 54% |
| 2023 | 326,231 | 316,475 | 9,756 | 4.6 | 71% |
| 2024 | 516,084 | 418,049 | 98,035 | 6.3 | 75% |
In its most recent public year (2024), this organization brought in $98,035 more than it spent. Its reserves stood at about 6.3 months of spending, down from 11.1 in 2022. Staff pay was 75% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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