Rhode Island Nurses Institute Middle College Charter High School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,972,738 | 1,771,614 | 201,124 | 1.4 | 47% |
| 2013 | 2,949,857 | 2,694,653 | 255,204 | 2.1 | 45% |
| 2014 | 4,167,840 | 3,682,351 | 485,489 | 3.1 | 44% |
| 2015 | 4,132,970 | 4,117,063 | 15,907 | 2.9 | 48% |
| 2016 | 4,069,082 | 4,053,172 | 15,910 | 2.9 | 50% |
| 2017 | 4,387,578 | 4,488,510 | −100,932 | 2.0 | 51% |
| 2018 | 4,766,007 | 4,430,516 | 335,491 | 2.9 | 51% |
| 2019 | 4,946,547 | 4,939,455 | 7,092 | 2.6 | 49% |
| 2020 | 5,027,153 | 5,009,998 | 17,155 | 2.6 | 49% |
| 2021 | 5,505,894 | 5,172,693 | 333,201 | 3.3 | 45% |
| 2022 | 7,446,041 | 6,757,491 | 688,550 | 3.8 | 43% |
| 2023 | 8,702,491 | 8,207,499 | 494,992 | 3.8 | 42% |
In its most recent public year (2023), this organization brought in $494,992 more than it spent. Its reserves stood at about 3.8 months of spending, up from 1.4 in 2012. Staff pay was 42% of spending. $108,585 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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