everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Midland Academy Charter School Inc

Midland, TX / EIN 31-1614310 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20104,768,3173,963,106805,2112.961%
20114,856,7293,941,474915,2555.761%
20124,511,9603,854,590657,3707.963%
20134,195,5223,739,885455,63710.060%
20144,094,4773,803,221291,25610.861%
20153,815,0513,591,852223,19911.864%
20163,855,8073,642,467213,34012.360%
20173,794,1643,680,146114,01812.662%
20183,912,7873,699,272213,51513.866%
20194,045,3033,786,532258,77114.462%
20203,671,5713,729,961−58,39014.467%
20214,333,9953,778,436555,55916.064%
20224,150,3763,614,825535,55118.567%
20233,887,1663,893,930−6,76417.166%

In its most recent public year (2023), this organization spent $6,764 more than it brought in. Its reserves stood at about 17.1 months of spending, up from 2.9 in 2010. Staff pay was 66% of spending. $5,484,024 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 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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