Able Charter Schools
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 1,428,169 | 1,400,950 | 27,219 | 0.2 | 58% |
| 2014 | 2,104,203 | 2,043,926 | 60,277 | 0.5 | 53% |
| 2015 | 2,740,281 | 2,737,985 | 2,296 | 0.4 | 53% |
| 2016 | 4,507,867 | 3,813,878 | 693,989 | 2.5 | 50% |
| 2017 | 7,639,719 | 5,834,787 | 1,804,932 | 5.3 | 54% |
| 2018 | 9,311,694 | 7,959,119 | 1,352,575 | 5.9 | 54% |
| 2019 | 10,266,826 | 10,028,130 | 238,696 | 5.0 | 51% |
| 2020 | 12,871,387 | 12,467,711 | 403,676 | 4.4 | 54% |
| 2021 | 15,366,644 | 11,622,045 | 3,744,599 | 8.6 | 47% |
| 2022 | 16,582,971 | 15,227,792 | 1,355,179 | 7.6 | 53% |
| 2023 | 20,940,528 | 18,618,601 | 2,321,927 | 7.7 | 52% |
In its most recent public year (2023), this organization brought in $2,321,927 more than it spent. Its reserves stood at about 7.7 months of spending, up from 0.2 in 2013. Staff pay was 52% of spending. $478,202 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
Able Charter Schools'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