Reid Traditional Schools Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 487,400 | 476,496 | 10,904 | 0.3 | 64% |
| 2014 | 550,000 | 493,377 | 56,623 | 1.6 | 63% |
| 2015 | 566,050 | 547,361 | 18,689 | 1.9 | 66% |
| 2016 | 740,372 | 806,253 | −65,881 | 0.3 | 52% |
| 2017 | 1,891,817 | 2,171,715 | −279,898 | -1.4 | 18% |
| 2018 | 1,999,109 | 2,238,576 | −239,467 | -2.7 | 18% |
| 2019 | 2,037,623 | 2,203,213 | −165,590 | -3.6 | 18% |
| 2020 | 2,126,376 | 2,242,121 | −115,745 | -4.2 | 20% |
| 2021 | 2,026,035 | 2,242,443 | −216,408 | -5.3 | 20% |
| 2022 | 1,939,690 | 2,338,355 | −398,665 | -7.2 | 19% |
| 2023 | 2,146,609 | 2,205,944 | −59,335 | -7.9 | 21% |
In its most recent public year (2023), this organization spent $59,335 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.9 months), down from 0.3 in 2013. Staff pay was 21% 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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