Destiny Advanced Learning Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,499,771 | 2,333,022 | 166,749 | 0.9 | 51% |
| 2012 | 2,424,252 | 2,415,316 | 8,936 | 0.9 | 55% |
| 2013 | 2,709,088 | 2,614,697 | 94,391 | 1.3 | 51% |
| 2014 | 2,759,855 | 2,852,287 | −92,432 | 0.8 | 53% |
| 2015 | 2,905,196 | 2,891,759 | 13,437 | 0.8 | 54% |
| 2016 | 2,928,041 | 2,712,644 | 215,397 | 1.8 | 56% |
| 2017 | 2,941,035 | 2,895,498 | 45,537 | 1.9 | 38% |
| 2018 | 3,134,483 | 3,008,289 | 126,194 | 2.3 | 53% |
| 2019 | 3,562,327 | 3,120,285 | 442,042 | 3.9 | 58% |
| 2020 | 3,701,161 | 3,442,974 | 258,187 | 4.5 | 53% |
| 2021 | 3,754,054 | 3,505,530 | 248,524 | 5.3 | 57% |
| 2022 | 4,435,698 | 3,894,986 | 540,712 | 6.4 | 56% |
| 2023 | 4,854,185 | 4,070,469 | 783,716 | 8.4 | 57% |
In its most recent public year (2023), this organization brought in $783,716 more than it spent. Its reserves stood at about 8.4 months of spending, up from 0.9 in 2011. Staff pay was 57% of spending. $252,620 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
Destiny Advanced Learning Center'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