Merritt Academy Parent Teacher Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 26,884 | 55,115 | −28,231 | 7.0 | — |
| 2012 | 25,323 | 32,642 | −7,319 | 9.1 | — |
| 2013 | 62,663 | 37,301 | 25,362 | 16.1 | — |
| 2014 | 68,418 | 102,005 | −33,587 | 1.9 | — |
| 2015 | 63,848 | 68,819 | −4,971 | 2.0 | — |
| 2016 | 51,569 | 26,543 | 25,026 | 16.5 | — |
| 2017 | 30,959 | 29,389 | 1,570 | 15.6 | — |
| 2018 | 8,586 | 39,338 | −30,752 | 2.3 | — |
| 2019 | 3,780 | 7,893 | −4,113 | 5.0 | — |
| 2020 | 36,838 | 21,170 | 15,668 | 10.7 | — |
| 2021 | 127,501 | 65,209 | 62,292 | 15.0 | — |
| 2022 | 42,579 | 94,089 | −51,510 | 4.0 | — |
| 2023 | 93,285 | 111,136 | −17,851 | 1.6 | — |
| 2024 | 120,822 | 70,916 | 49,906 | 11.0 | — |
In its most recent public year (2024), this organization brought in $49,906 more than it spent. Its reserves stood at about 11 months of spending, up from 7 in 2011.
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
Merritt Academy Parent Teacher Organization's IRS filings as a feed — one entry per filing year, through 2024. 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