Two Roads Charter School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 18,074 | 6,233 | 11,841 | 22.8 | — |
| 2013 | 3,235,064 | 3,114,176 | 120,888 | 0.4 | 45% |
| 2015 | 3,075,546 | 2,903,183 | 172,363 | -15.0 | 48% |
| 2016 | 3,728,732 | 4,248,127 | −519,395 | -11.7 | 44% |
| 2017 | 4,191,336 | 6,281,040 | −2,089,704 | -11.9 | 37% |
| 2018 | 4,521,632 | 9,914,063 | −5,392,431 | -14.4 | 23% |
| 2019 | 8,216,895 | 3,644,436 | 4,572,459 | -24.2 | 68% |
| 2020 | 5,584,906 | 4,111,701 | 1,473,205 | -17.2 | 66% |
| 2021 | 4,665,507 | 3,092,079 | 1,573,428 | -16.7 | 81% |
| 2022 | 5,886,483 | 3,809,799 | 2,076,684 | -7.0 | 78% |
| 2023 | 6,491,233 | 5,795,106 | 696,127 | -3.2 | 53% |
In its most recent public year (2023), this organization brought in $696,127 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-3.2 months), down from 22.8 in 2012. Staff pay was 53% 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
Two Roads Charter School'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