Saint Thomas More Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 46,600 | 17,862 | 28,738 | 19.3 | 23% |
| 2022 | 469,116 | 380,015 | 89,101 | 3.7 | 66% |
| 2023 | 1,342,625 | 1,182,366 | 160,259 | 2.8 | 67% |
In its most recent public year (2023), this organization brought in $160,259 more than it spent. Its reserves stood at about 2.8 months of spending, down from 19.3 in 2021. Staff pay was 67% of spending. $211,598 of its net assets are donor-restricted.
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 2023. 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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