Cardinal Academy Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 1,509,218 | 1,063,221 | 445,997 | 5.0 | 61% |
| 2023 | 884,718 | 1,149,738 | −265,020 | 1.9 | 42% |
| 2024 | 1,117,016 | 1,073,974 | 43,042 | 2.5 | 60% |
In its most recent public year (2024), this organization brought in $43,042 more than it spent. Its reserves stood at about 2.5 months of spending, down from 5 in 2022. Staff pay was 60% 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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