Miami Boarding School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 4,818,273 | 4,500,825 | 317,448 | 0.8 | 7% |
| 2016 | 4,947,378 | 5,348,790 | −401,412 | -0.2 | 6% |
| 2017 | 7,805,546 | 6,348,694 | 1,456,852 | 2.6 | 4% |
| 2018 | 10,248,488 | 9,092,040 | 1,156,448 | 3.3 | 3% |
| 2019 | 10,718,283 | 10,472,426 | 245,857 | 3.2 | 3% |
| 2020 | 12,197,628 | 11,177,314 | 1,020,314 | 4.1 | 7% |
| 2021 | 12,748,189 | 10,955,334 | 1,792,855 | 6.1 | 8% |
| 2022 | 13,758,788 | 13,154,001 | 604,787 | 5.6 | 6% |
| 2023 | 14,104,816 | 14,760,454 | −655,638 | 4.5 | 6% |
| 2024 | 15,108,487 | 14,776,063 | 332,424 | 4.8 | 6% |
In its most recent public year (2024), this organization brought in $332,424 more than it spent. Its reserves stood at about 4.8 months of spending, up from 0.8 in 2015. Staff pay was 6% of spending. $639,761 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 2024. 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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