Duluth Public Schools Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,396,312 | 12,162,526 | 233,786 | 0.8 | 49% |
| 2012 | 14,566,972 | 14,066,223 | 500,749 | 1.2 | 47% |
| 2013 | 14,822,600 | 15,040,165 | −217,565 | 0.9 | 49% |
| 2014 | 15,778,166 | 15,591,867 | 186,299 | 1.0 | 52% |
| 2015 | 17,175,006 | 16,464,057 | 710,949 | -2.8 | 51% |
| 2016 | 18,776,750 | 18,683,517 | 93,233 | -2.4 | 53% |
| 2017 | 20,127,609 | 23,219,954 | −3,092,345 | -3.6 | 45% |
| 2018 | 21,345,736 | 26,744,018 | −5,398,282 | -5.5 | 43% |
| 2019 | 20,477,750 | 17,891,326 | 2,586,424 | -6.5 | 59% |
| 2020 | 20,624,234 | 21,967,009 | −1,342,775 | -6.0 | 48% |
| 2021 | 19,726,777 | 19,452,074 | 274,703 | -7.7 | 51% |
| 2022 | 19,293,947 | 19,232,814 | 61,133 | -7.1 | 51% |
| 2023 | 16,969,980 | 17,685,826 | −715,846 | -6.9 | 52% |
In its most recent public year (2023), this organization spent $715,846 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.9 months), down from 0.8 in 2011. Staff pay was 52% 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
Duluth Public Schools 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