Main Line Classical Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 276,653 | 241,391 | 35,262 | 1.7 | 46% |
| 2017 | 555,626 | 660,698 | −105,072 | -1.3 | 45% |
| 2018 | 655,035 | 724,475 | −69,440 | -2.3 | 62% |
| 2019 | 1,439,852 | 929,130 | 510,722 | 4.8 | 63% |
| 2020 | 1,086,428 | 1,219,679 | −133,251 | 2.3 | 52% |
| 2021 | 1,263,269 | 1,421,732 | −158,463 | 0.7 | 61% |
| 2022 | 1,367,037 | 1,646,489 | −279,452 | -1.5 | 65% |
| 2023 | 1,799,180 | 1,759,963 | 39,217 | -1.0 | 69% |
In its most recent public year (2023), this organization brought in $39,217 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1 months), down from 1.7 in 2016. Staff pay was 69% 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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