High Point Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 13,724,783 | 14,344,347 | −619,564 | 2.1 | 47% |
| 2021 | 16,108,414 | 14,341,072 | 1,767,342 | 3.5 | 46% |
| 2022 | 17,137,634 | 16,205,380 | 932,254 | 3.8 | 41% |
| 2023 | 16,893,091 | 16,502,758 | 390,333 | 4.0 | 43% |
In its most recent public year (2023), this organization brought in $390,333 more than it spent. Its reserves stood at about 4 months of spending, up from 2.1 in 2020. Staff pay was 43% 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 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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