Mill Springs Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,041,862 | 6,824,057 | 217,805 | 17.7 | 61% |
| 2012 | 7,127,632 | 7,021,481 | 106,151 | 17.4 | 60% |
| 2013 | 8,353,578 | 7,209,747 | 1,143,831 | 18.8 | 62% |
| 2014 | 8,535,782 | 7,610,497 | 925,285 | 19.3 | 62% |
| 2015 | 10,911,535 | 8,165,238 | 2,746,297 | 22.0 | 62% |
| 2016 | 9,041,625 | 8,407,882 | 633,743 | 22.3 | 61% |
| 2017 | 8,424,629 | 8,872,628 | −447,999 | 20.5 | 59% |
| 2018 | 8,144,368 | 8,576,263 | −431,895 | 20.6 | 58% |
| 2019 | 8,297,981 | 8,745,186 | −447,205 | 19.6 | 59% |
| 2020 | 7,597,542 | 8,977,253 | −1,379,711 | 17.3 | 58% |
| 2021 | 8,880,609 | 8,927,224 | −46,615 | 17.3 | 58% |
| 2022 | 9,431,848 | 9,023,169 | 408,679 | 17.7 | 57% |
| 2023 | 9,949,601 | 9,716,671 | 232,930 | 16.7 | 58% |
In its most recent public year (2023), this organization brought in $232,930 more than it spent. Its reserves stood at about 16.7 months of spending. Staff pay was 58% of spending. $62,281 of its net assets are donor-restricted.
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
Mill Springs Academy Inc's IRS filings as a feed — one entry per filing year, through 2023. 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