Monarch Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 60,948 | 46,173 | 14,775 | 19.1 | — |
| 2018 | 104,656 | 51,087 | 53,569 | 29.8 | — |
| 2019 | 141,866 | 102,053 | 39,813 | 19.6 | — |
| 2020 | 19,391 | 49,442 | −30,051 | 33.2 | — |
In its most recent public year (2020), this organization spent $30,051 more than it brought in. Its reserves stood at about 33.2 months of spending, up from 19.1 in 2017.
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 2020. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works