Memphis Street Academy Charter School At J P Jones
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 9,577,265 | 8,339,261 | 1,238,004 | 1.8 | 40% |
| 2014 | 12,652,250 | 9,972,924 | 2,679,326 | 4.7 | 42% |
| 2015 | 13,249,073 | 12,069,744 | 1,179,329 | -3.2 | 39% |
| 2016 | 13,588,546 | 12,117,846 | 1,470,700 | -1.7 | 39% |
| 2017 | 12,990,438 | 11,650,997 | 1,339,441 | -0.4 | 42% |
| 2018 | 14,299,007 | 12,882,255 | 1,416,752 | 0.4 | 46% |
| 2019 | 12,739,265 | 12,784,511 | −45,246 | 0.4 | 47% |
| 2020 | 12,316,436 | 11,805,286 | 511,150 | 1.0 | 49% |
| 2021 | 11,794,375 | 12,242,458 | −448,083 | 0.5 | 49% |
| 2022 | 11,564,460 | 10,818,746 | 745,714 | 1.4 | 49% |
| 2023 | 11,794,499 | 10,491,200 | 1,303,299 | 2.9 | 48% |
In its most recent public year (2023), this organization brought in $1,303,299 more than it spent. Its reserves stood at about 2.9 months of spending, up from 1.8 in 2013. Staff pay was 48% 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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