Midway Elementary School Parent Teacher Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 65,429 | 16,166 | 49,263 | 146.7 | — |
| 2022 | 75,906 | 73,668 | 2,238 | 32.6 | — |
| 2023 | 101,503 | 69,676 | 31,827 | 40.8 | — |
| 2024 | 67,507 | 109,544 | −42,037 | 21.4 | — |
In its most recent public year (2024), this organization spent $42,037 more than it brought in. Its reserves stood at about 21.4 months of spending, down from 146.7 in 2021.
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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