Brevard Innovative Charter Schools Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,690,372 | 4,640,924 | 49,448 | 5.0 | 60% |
| 2021 | 5,025,770 | 4,698,654 | 327,116 | 5.8 | 61% |
| 2022 | 5,539,596 | 5,217,743 | 321,853 | 6.0 | 60% |
| 2023 | 6,717,440 | 5,875,297 | 842,143 | 0.0 | 59% |
In its most recent public year (2023), this organization brought in $842,143 more than it spent. Its reserves stood at about 0 months of spending, down from 5 in 2020. Staff pay was 59% 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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