Monmouth Academy Trustees Of
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 121,896 | 60,317 | 61,579 | 267.7 | 1% |
| 2013 | 157,740 | 65,745 | 91,995 | 281.9 | 1% |
| 2014 | 165,602 | 71,542 | 94,060 | 287.5 | 1% |
| 2015 | 86,953 | 73,880 | 13,073 | 286.3 | 1% |
| 2016 | 80,915 | 67,548 | 13,367 | 271.2 | 1% |
| 2017 | 131,131 | 76,144 | 54,987 | 271.7 | 1% |
| 2018 | 164,294 | 75,484 | 88,810 | 298.8 | 1% |
| 2019 | 128,549 | 56,001 | 72,548 | 397.8 | 0% |
| 2020 | 86,536 | 49,445 | 37,091 | 463.2 | 2% |
| 2021 | 181,641 | 49,394 | 132,247 | 522.9 | 0% |
| 2022 | 174,762 | 49,634 | 125,128 | 516.8 | 1% |
| 2023 | 60,984 | 73,020 | −12,036 | 312.8 | 1% |
In its most recent public year (2023), this organization spent $12,036 more than it brought in. Its reserves stood at about 312.8 months of spending, up from 267.7 in 2012. Staff pay was 1% of spending. $1,841,114 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
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