Memphis Business Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,601,786 | 5,331,969 | 269,817 | 3.5 | 57% |
| 2012 | 6,083,801 | 5,837,560 | 246,241 | 4.3 | 68% |
| 2013 | 6,693,153 | 6,533,852 | 159,301 | 4.2 | 2% |
| 2014 | 6,889,693 | 6,526,359 | 363,334 | 4.9 | 2% |
| 2015 | 8,842,514 | 7,791,306 | 1,051,208 | 5.7 | 2% |
| 2016 | 9,390,512 | 8,517,090 | 873,422 | 6.7 | 62% |
| 2017 | 12,426,070 | 10,961,788 | 1,464,282 | 6.8 | 59% |
| 2018 | 14,294,578 | 13,595,493 | 699,085 | 6.1 | 61% |
| 2019 | 16,716,492 | 15,013,220 | 1,703,272 | 6.9 | 59% |
| 2020 | 19,052,671 | 16,707,474 | 2,345,197 | 7.9 | 61% |
| 2021 | 21,343,740 | 16,936,074 | 4,407,666 | 10.9 | 61% |
| 2022 | 24,582,080 | 19,834,000 | 4,748,080 | 12.3 | 57% |
| 2023 | 25,443,148 | 23,477,775 | 1,965,373 | 11.4 | 62% |
In its most recent public year (2023), this organization brought in $1,965,373 more than it spent. Its reserves stood at about 11.4 months of spending, up from 3.5 in 2011. Staff pay was 62% of spending. $4,109,754 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
Memphis Business Academy'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