Memphis Teacher Residency Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,089,375 | 1,806,746 | 282,629 | 2.9 | 60% |
| 2013 | 1,901,914 | 1,904,124 | −2,210 | 2.7 | 64% |
| 2014 | 2,978,737 | 2,766,781 | 211,956 | 2.8 | 41% |
| 2015 | 3,633,299 | 3,554,587 | 78,712 | 2.4 | 39% |
| 2016 | 4,371,571 | 3,915,801 | 455,770 | 3.6 | 43% |
| 2017 | 7,345,710 | 4,191,946 | 3,153,764 | 12.4 | 46% |
| 2018 | 4,367,061 | 5,407,781 | −1,040,720 | 7.3 | 36% |
| 2019 | 5,672,111 | 5,754,080 | −81,969 | 6.7 | 38% |
| 2020 | 6,630,350 | 5,187,476 | 1,442,874 | 10.8 | 39% |
| 2021 | 4,736,462 | 5,222,029 | −485,567 | 9.6 | 40% |
| 2022 | 6,575,161 | 5,235,893 | 1,339,268 | 12.6 | 41% |
| 2023 | 5,262,203 | 5,349,705 | −87,502 | 12.2 | 42% |
| 2024 | 6,665,811 | 5,429,643 | 1,236,168 | 14.7 | 43% |
In its most recent public year (2024), this organization brought in $1,236,168 more than it spent. Its reserves stood at about 14.7 months of spending, up from 2.9 in 2012. Staff pay was 43% of spending. $1,613,372 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 2024. 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 Teacher Residency Inc's IRS filings as a feed — one entry per filing year, through 2024. 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