New Way Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,576,872 | 2,664,097 | −87,225 | 3.4 | 69% |
| 2012 | 3,086,888 | 2,882,676 | 204,212 | 4.0 | 67% |
| 2013 | 3,344,669 | 2,936,657 | 408,012 | 5.6 | 69% |
| 2014 | 3,927,217 | 3,627,087 | 300,130 | 5.5 | 63% |
| 2015 | 4,568,089 | 4,059,278 | 508,811 | 6.4 | 61% |
| 2016 | 5,309,549 | 4,837,545 | 472,004 | 6.5 | 62% |
| 2017 | 6,091,022 | 5,467,990 | 623,032 | 7.1 | 64% |
| 2018 | 7,167,474 | 6,455,656 | 711,818 | 7.4 | 61% |
| 2019 | 7,169,034 | 6,844,113 | 324,921 | 7.5 | 59% |
| 2020 | 7,373,945 | 7,032,513 | 341,432 | 7.9 | 63% |
| 2021 | 8,782,802 | 7,302,404 | 1,480,398 | 10.1 | 61% |
| 2022 | 7,067,790 | 7,425,595 | −357,805 | 9.0 | 60% |
| 2023 | 7,370,618 | 7,211,319 | 159,299 | 9.8 | 58% |
In its most recent public year (2023), this organization brought in $159,299 more than it spent. Its reserves stood at about 9.8 months of spending, up from 3.4 in 2011. Staff pay was 58% of spending. $547,797 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
New Way Academy's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works