Merrimac Heights Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 41,809 | 40,043 | 1,766 | 0.5 | — |
| 2015 | 115,997 | 124,267 | −8,270 | -0.6 | — |
| 2016 | 387,350 | 200,961 | 186,389 | 10.7 | 45% |
| 2017 | 461,366 | 491,721 | −30,355 | 3.3 | 51% |
| 2018 | 721,903 | 722,399 | −496 | 2.2 | 61% |
| 2019 | 1,037,475 | 834,126 | 203,349 | 4.9 | 60% |
| 2020 | 1,013,853 | 963,681 | 50,172 | 4.8 | 69% |
| 2021 | 794,487 | 925,189 | −130,702 | 6.7 | 13% |
| 2022 | 1,466,182 | 1,092,640 | 373,542 | 9.8 | 68% |
| 2023 | 1,719,030 | 1,312,830 | 406,200 | 11.8 | 68% |
| 2024 | 2,238,749 | 1,689,345 | 549,404 | 13.4 | 65% |
In its most recent public year (2024), this organization brought in $549,404 more than it spent. Its reserves stood at about 13.4 months of spending, up from 0.5 in 2014. Staff pay was 65% 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 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
Merrimac Heights Academy 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