Garrett Christian Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 371,049 | 305,113 | 65,936 | 2.6 | 58% |
| 2023 | 705,225 | 678,542 | 26,683 | 1.6 | 58% |
| 2024 | 1,061,871 | 840,150 | 221,721 | 4.5 | 59% |
In its most recent public year (2024), this organization brought in $221,721 more than it spent. Its reserves stood at about 4.5 months of spending, up from 2.6 in 2022. Staff pay was 59% 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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