Middlebury Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,775,705 | 3,834,364 | −58,659 | 0.2 | 0% |
| 2012 | 3,568,599 | 3,652,487 | −83,888 | -0.1 | 0% |
| 2013 | 3,460,910 | 3,378,411 | 82,499 | 0.2 | 0% |
| 2014 | 2,767,145 | 2,518,044 | 249,101 | 1.5 | 0% |
| 2015 | 2,962,223 | 2,796,710 | 165,513 | -8.5 | 49% |
| 2016 | 2,658,083 | 2,687,102 | −29,019 | -9.0 | 48% |
| 2017 | 2,060,534 | 2,427,408 | −366,874 | -12.0 | 1% |
| 2018 | 2,824,521 | 2,234,147 | 590,374 | -13.0 | 1% |
| 2019 | 2,653,708 | 2,477,504 | 176,204 | -10.9 | 43% |
| 2020 | 2,236,978 | 2,407,810 | −170,832 | -12.1 | 42% |
| 2021 | 1,932,455 | 1,594,045 | 338,410 | -15.7 | 45% |
| 2022 | 2,461,114 | 1,756,190 | 704,924 | -9.4 | 55% |
| 2023 | 2,692,844 | 2,571,320 | 121,524 | -5.9 | 54% |
In its most recent public year (2023), this organization brought in $121,524 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5.9 months), down from 0.2 in 2011. Staff pay was 54% 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
Middlebury Academy's IRS filings as a feed — one entry per filing year, through 2023. 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