Milkyway Education Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,137,008 | 3,446,689 | −309,681 | 6.0 | 42% |
| 2012 | 8,627,607 | 3,156,151 | 5,471,456 | 27.4 | 40% |
| 2013 | 4,604,833 | 4,651,248 | −46,415 | 18.5 | 38% |
| 2014 | 7,539,136 | 6,080,624 | 1,458,512 | 17.0 | 43% |
| 2015 | 6,846,185 | 5,603,036 | 1,243,149 | 21.1 | 48% |
| 2016 | 6,415,830 | 6,478,434 | −62,604 | 18.1 | 47% |
| 2017 | 5,952,563 | 6,260,983 | −308,420 | 18.0 | 40% |
| 2018 | 7,897,841 | 7,454,064 | 443,777 | 15.7 | 36% |
| 2019 | 5,991,806 | 6,185,834 | −194,028 | 18.1 | 43% |
| 2020 | 6,548,638 | 6,342,675 | 205,963 | 17.8 | 39% |
| 2021 | 6,601,432 | 6,191,787 | 409,645 | 18.6 | 37% |
| 2022 | 8,575,459 | 7,717,392 | 858,067 | 16.1 | 45% |
| 2023 | 10,620,044 | 9,898,439 | 721,605 | 13.4 | 45% |
In its most recent public year (2023), this organization brought in $721,605 more than it spent. Its reserves stood at about 13.4 months of spending, up from 6 in 2011. Staff pay was 45% of spending.
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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