Martin Luther King School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 827,225 | 895,436 | −68,211 | 33.0 | 52% |
| 2013 | 759,702 | 884,265 | −124,563 | 32.3 | 52% |
| 2014 | 1,034,517 | 861,468 | 173,049 | 35.6 | 51% |
| 2015 | 815,116 | 837,133 | −22,017 | 36.5 | 54% |
| 2016 | 1,077,133 | 1,051,637 | 25,496 | 28.9 | 47% |
| 2017 | 1,290,828 | 978,116 | 312,712 | 35.9 | 49% |
| 2018 | 1,280,968 | 901,726 | 379,242 | 44.5 | 53% |
| 2019 | 786,619 | 895,534 | −108,915 | 43.2 | 54% |
| 2020 | 963,731 | 1,046,037 | −82,306 | 36.8 | 54% |
| 2021 | 990,136 | 940,580 | 49,556 | 44.2 | 49% |
| 2022 | 1,572,364 | 1,211,292 | 361,072 | 36.0 | 51% |
| 2023 | 1,242,037 | 1,323,726 | −81,689 | 31.0 | 48% |
| 2024 | 979,299 | 1,276,613 | −297,314 | 30.2 | 50% |
In its most recent public year (2024), this organization spent $297,314 more than it brought in. Its reserves stood at about 30.2 months of spending, down from 33 in 2012. Staff pay was 50% of spending. $1,948,674 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 2024. 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
Martin Luther King School Inc's IRS filings as a feed — one entry per filing year, through 2024. 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