Reid Traditional Schools Valley Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,071,352 | 5,734,382 | 336,970 | 6.4 | 49% |
| 2021 | 6,182,403 | 5,944,769 | 237,634 | 6.7 | 47% |
| 2022 | 6,464,085 | 6,049,117 | 414,968 | 7.4 | 47% |
| 2023 | 7,176,505 | 6,287,249 | 889,256 | 8.8 | 47% |
In its most recent public year (2023), this organization brought in $889,256 more than it spent. Its reserves stood at about 8.8 months of spending, up from 6.4 in 2020. Staff pay was 47% of spending. $1,365,677 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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