Meridian Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,295,551 | 2,260,189 | 35,362 | 3.0 | 38% |
| 2021 | 2,596,139 | 2,577,478 | 18,661 | 2.8 | 37% |
| 2022 | 2,823,650 | 2,788,733 | 34,917 | 2.8 | 38% |
| 2023 | 3,131,782 | 3,129,434 | 2,348 | 2.5 | 3% |
In its most recent public year (2023), this organization brought in $2,348 more than it spent. Its reserves stood at about 2.5 months of spending. Staff pay was 3% 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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