Lionheart Classical Academy Chartered Public School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 1,503,764 | 759,922 | 743,842 | 13.5 | 10% |
| 2023 | 3,340,092 | 2,390,271 | 949,821 | 12.2 | 38% |
| 2024 | 3,205,268 | 3,088,820 | 116,448 | 9.9 | 47% |
In its most recent public year (2024), this organization brought in $116,448 more than it spent. Its reserves stood at about 9.9 months of spending, down from 13.5 in 2022. Staff pay was 47% of spending. $119,000 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 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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