Long Island School For The Gifted
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,347,030 | 4,137,931 | 209,099 | 0.6 | 64% |
| 2012 | 4,585,884 | 4,258,190 | 327,694 | 1.5 | 63% |
| 2013 | 4,547,527 | 4,267,922 | 279,605 | 2.3 | 64% |
| 2014 | 4,527,365 | 4,485,509 | 41,856 | 1.6 | 62% |
| 2015 | 4,452,390 | 4,366,101 | 86,289 | 1.8 | 62% |
| 2016 | 4,276,655 | 4,365,562 | −88,907 | 1.6 | 58% |
| 2017 | 4,356,891 | 4,308,942 | 47,949 | 1.8 | 58% |
| 2018 | 4,425,349 | 4,215,285 | 210,064 | 2.5 | 57% |
| 2019 | 4,217,158 | 4,327,077 | −109,919 | 2.2 | 57% |
| 2020 | 3,631,627 | 3,986,573 | −354,946 | 1.2 | 57% |
| 2021 | 4,364,898 | 3,832,171 | 532,727 | 3.3 | 51% |
| 2022 | 3,890,542 | 3,708,758 | 181,784 | 3.5 | 51% |
| 2023 | 4,064,757 | 3,829,128 | 235,629 | 4.3 | 52% |
In its most recent public year (2023), this organization brought in $235,629 more than it spent. Its reserves stood at about 4.3 months of spending, up from 0.6 in 2011. Staff pay was 52% of spending. $19,741 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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