Morganton Day School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 822,633 | 918,850 | −96,217 | -3.5 | 54% |
| 2012 | 881,385 | 837,144 | 44,241 | -3.2 | 63% |
| 2013 | 875,587 | 848,227 | 27,360 | -2.8 | 61% |
| 2014 | 903,385 | 880,904 | 22,481 | -2.4 | 62% |
| 2015 | 946,508 | 892,399 | 54,109 | -1.6 | 61% |
| 2016 | 989,510 | 940,109 | 49,401 | -1.0 | 59% |
| 2017 | 1,057,105 | 966,784 | 90,321 | 0.2 | 60% |
| 2018 | 1,155,471 | 1,069,853 | 85,618 | 1.1 | 59% |
| 2019 | 1,254,944 | 1,088,640 | 166,304 | 2.9 | 57% |
| 2020 | 1,089,166 | 1,005,023 | 84,143 | 4.2 | 64% |
| 2021 | 1,164,715 | 967,996 | 196,719 | 6.8 | 67% |
| 2022 | 1,316,947 | 1,089,306 | 227,641 | 9.4 | 63% |
| 2023 | 1,331,663 | 1,175,843 | 155,820 | 10.3 | 61% |
In its most recent public year (2023), this organization brought in $155,820 more than it spent. Its reserves stood at about 10.3 months of spending, up from -3.5 in 2011. Staff pay was 61% 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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