Monarch Academy Public Charter School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 30,534,788 | 29,350,096 | 1,184,692 | 2.6 | 0% |
| 2021 | 31,847,617 | 30,363,019 | 1,484,598 | 3.1 | 0% |
| 2022 | 33,659,725 | 33,930,174 | −270,449 | 2.7 | 0% |
| 2023 | 33,153,287 | 36,921,311 | −3,768,024 | 1.3 | 0% |
In its most recent public year (2023), this organization spent $3,768,024 more than it brought in. Its reserves stood at about 1.3 months of spending, down from 2.6 in 2020. Staff pay was 0% 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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