Muncie Public Charter School Of Inquiry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 1,485,042 | 1,267,780 | 217,262 | 1.9 | 40% |
| 2015 | 1,627,094 | 1,541,029 | 86,065 | 2.3 | 43% |
| 2016 | 1,534,962 | 1,645,145 | −110,183 | 1.3 | 45% |
| 2017 | 1,658,780 | 1,613,729 | 45,051 | 1.7 | 47% |
| 2018 | 2,080,622 | 1,955,803 | 124,819 | 2.2 | 49% |
| 2019 | 1,900,918 | 1,885,251 | 15,667 | 2.3 | 53% |
| 2020 | 2,017,523 | 1,974,431 | 43,092 | 2.5 | 51% |
| 2021 | 1,952,944 | 1,799,096 | 153,848 | 3.8 | 51% |
| 2022 | 2,787,886 | 2,415,410 | 372,476 | 4.6 | 50% |
| 2023 | 3,014,250 | 2,847,263 | 166,987 | 4.6 | 50% |
In its most recent public year (2023), this organization brought in $166,987 more than it spent. Its reserves stood at about 4.6 months of spending, up from 1.9 in 2014. Staff pay was 50% 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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