Academy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,199,304 | 5,711,814 | 487,490 | 5.6 | 27% |
| 2012 | 5,143,047 | 4,342,603 | 800,444 | 9.6 | 21% |
| 2013 | 80,585,286 | 6,351,239 | 74,234,047 | 125.5 | 15% |
| 2014 | 21,850,328 | 7,309,786 | 14,540,542 | 78.0 | 23% |
| 2015 | 32,134,204 | 16,138,004 | 15,996,200 | 37.9 | 7% |
| 2016 | 72,343,147 | 43,842,656 | 28,500,491 | 12.9 | 3% |
| 2017 | 41,794,058 | 50,130,630 | −8,336,572 | 9.4 | 3% |
| 2018 | 111,276,597 | 51,266,449 | 60,010,148 | 23.2 | 4% |
| 2019 | 95,468,207 | 70,769,128 | 24,699,079 | 21.0 | 2% |
| 2020 | 71,088,960 | 77,296,950 | −6,207,990 | 18.2 | 3% |
| 2021 | 81,007,357 | 104,196,288 | −23,188,931 | 10.9 | 3% |
| 2022 | 108,341,858 | 111,076,956 | −2,735,098 | 9.9 | 2% |
| 2023 | 78,652,066 | 92,554,324 | −13,902,258 | 10.1 | 3% |
In its most recent public year (2023), this organization spent $13,902,258 more than it brought in. Its reserves stood at about 10.1 months of spending, up from 5.6 in 2011. Staff pay was 3% of spending. $17,936,569 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
Academy Foundation'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