Midway Star Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,629,511 | 4,946,177 | −316,666 | -8.7 | 36% |
| 2021 | 7,342,476 | 5,390,331 | 1,952,145 | -3.6 | 43% |
| 2022 | 7,989,556 | 6,717,992 | 1,271,564 | -0.6 | 44% |
| 2023 | 8,539,150 | 7,170,807 | 1,368,343 | 1.7 | 48% |
In its most recent public year (2023), this organization brought in $1,368,343 more than it spent. Its reserves stood at about 1.7 months of spending, up from -8.7 in 2020. Staff pay was 48% 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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