New Millennium Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,133,924 | 4,543,086 | 590,838 | 6.6 | 42% |
| 2012 | 5,748,501 | 5,444,212 | 304,289 | 6.2 | 45% |
| 2013 | 6,628,573 | 5,934,379 | 694,194 | 7.1 | 42% |
| 2014 | 6,229,075 | 6,197,240 | 31,835 | 6.8 | 46% |
| 2015 | 6,889,488 | 6,943,584 | −54,096 | 1.5 | 45% |
| 2016 | 8,268,380 | 7,932,053 | 336,327 | 1.8 | 42% |
| 2017 | 9,435,106 | 10,378,036 | −942,930 | 0.3 | 33% |
| 2018 | 9,942,751 | 11,929,618 | −1,986,867 | -1.8 | 33% |
| 2019 | 10,104,326 | 10,285,110 | −180,784 | -1.0 | 38% |
| 2020 | 10,911,259 | 10,822,630 | 88,629 | -1.3 | 42% |
| 2021 | 13,749,517 | 11,853,980 | 1,895,537 | 0.4 | 45% |
| 2022 | 14,190,850 | 14,717,633 | −526,783 | -0.1 | 50% |
| 2023 | 14,094,949 | 14,130,041 | −35,092 | 0.1 | 50% |
In its most recent public year (2023), this organization spent $35,092 more than it brought in. Its reserves stood at about 0.1 months of spending, down from 6.6 in 2011. Staff pay was 50% 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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