Morristown-Beard School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 22,030,891 | 20,714,384 | 1,316,507 | 25.3 | 46% |
| 2012 | 21,245,593 | 21,523,182 | −277,589 | 24.1 | 46% |
| 2013 | 22,864,953 | 22,231,067 | 633,886 | 24.4 | 46% |
| 2014 | 23,388,794 | 23,631,213 | −242,419 | 23.8 | 45% |
| 2015 | 30,195,083 | 25,561,861 | 4,633,222 | 24.2 | 45% |
| 2016 | 28,875,690 | 26,364,581 | 2,511,109 | 24.3 | 45% |
| 2017 | 28,588,966 | 26,735,324 | 1,853,642 | 25.4 | 46% |
| 2018 | 28,403,014 | 27,537,249 | 865,765 | 25.3 | 46% |
| 2019 | 32,033,926 | 29,546,969 | 2,486,957 | 24.7 | 45% |
| 2020 | 29,916,997 | 29,833,282 | 83,715 | 24.6 | 46% |
| 2021 | 32,953,028 | 30,613,612 | 2,339,416 | 26.7 | 44% |
| 2022 | 35,071,625 | 32,531,347 | 2,540,278 | 24.0 | 45% |
| 2023 | 34,984,658 | 34,022,511 | 962,147 | 23.9 | 44% |
In its most recent public year (2023), this organization brought in $962,147 more than it spent. Its reserves stood at about 23.9 months of spending, down from 25.3 in 2011. Staff pay was 44% of spending. $22,804,974 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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