Carol Nursery School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 259,688 | 344,003 | −84,315 | 13.7 | 58% |
| 2022 | 411,026 | 443,340 | −32,314 | 10.6 | 66% |
| 2023 | 605,281 | 467,991 | 137,290 | 13.6 | 62% |
In its most recent public year (2023), this organization brought in $137,290 more than it spent. Its reserves stood at about 13.6 months of spending. Staff pay was 62% 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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