990 Scout/ Arete Academy/ Financials

Financial Information for Arete Academy

Arete Academy's annual revenue was $1.2M in tax year 2024, reported on their IRS Form 990. They spent $707K in total expenses. 82% went to programs and services.

Financial Breakdown

What is Arete Academy's total annual expenses?

Arete Academy spent $707K in tax year 2024, according to their IRS Form 990 filing.

How much of Arete Academy's budget goes to programs?

Arete Academy spent $580K (82% of expenses) on programs and services in tax year 2024.

How much does Arete Academy spend on overhead?

Arete Academy's overhead in tax year 2024 includes administrative (18%) of their expenses.

What is Arete Academy's net worth?

Arete Academy had net assets of $749K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.