Carolina School For Inquiry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,200,752 | 1,090,885 | 109,867 | 6.1 | 49% |
| 2012 | 1,243,340 | 1,223,625 | 19,715 | 5.6 | 49% |
| 2013 | 1,480,503 | 1,416,090 | 64,413 | 5.4 | 52% |
| 2014 | 1,834,274 | 1,668,548 | 165,726 | 5.8 | 53% |
| 2015 | 1,781,272 | 1,873,523 | −92,251 | -5.4 | 55% |
| 2016 | 1,599,548 | 2,046,280 | −446,732 | -7.5 | 53% |
| 2017 | 1,965,043 | 1,679,815 | 285,228 | -7.2 | 58% |
| 2018 | 1,921,169 | 1,705,441 | 215,728 | -15.9 | 60% |
| 2019 | 1,936,419 | 1,658,600 | 277,819 | -13.9 | 56% |
| 2020 | 2,100,457 | 1,735,842 | 364,615 | -9.0 | 55% |
| 2021 | 2,041,237 | 1,687,507 | 353,730 | -7.2 | 53% |
| 2022 | 2,012,406 | 1,765,239 | 247,167 | -5.1 | 59% |
| 2023 | 1,912,124 | 1,881,692 | 30,432 | -4.1 | 54% |
In its most recent public year (2023), this organization brought in $30,432 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4.1 months), down from 6.1 in 2011. Staff pay was 54% of spending. $185,161 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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