Masters Academy Of Vero Beach Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,857,772 | 1,944,511 | −86,739 | 5.3 | 64% |
| 2021 | 2,152,564 | 1,954,978 | 197,586 | 6.5 | 64% |
| 2022 | 2,740,783 | 2,291,500 | 449,283 | 7.9 | 57% |
| 2023 | 3,261,271 | 2,558,525 | 702,746 | 9.6 | 63% |
In its most recent public year (2023), this organization brought in $702,746 more than it spent. Its reserves stood at about 9.6 months of spending, up from 5.3 in 2020. Staff pay was 63% of spending. $351,099 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 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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