Richard Milburn Academy Texas Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,459,412 | 8,910,518 | −451,106 | 1.4 | 45% |
| 2012 | 8,655,237 | 9,029,296 | −374,059 | 0.9 | 43% |
| 2013 | 8,365,164 | 9,041,230 | −676,066 | 0.0 | 44% |
| 2014 | 9,667,525 | 8,092,306 | 1,575,219 | 2.3 | 51% |
| 2015 | 15,138,471 | 12,877,453 | 2,261,018 | 4.5 | 52% |
| 2016 | 17,606,195 | 17,629,176 | −22,981 | 3.3 | 52% |
| 2017 | 20,114,932 | 19,975,744 | 139,188 | 3.0 | 52% |
| 2018 | 19,361,042 | 17,667,073 | 1,693,969 | 4.5 | 53% |
| 2019 | 18,793,478 | 17,570,013 | 1,223,465 | 5.4 | 56% |
| 2020 | 19,713,102 | 18,338,271 | 1,374,831 | 6.0 | 53% |
| 2021 | 17,499,287 | 15,533,405 | 1,965,882 | 8.7 | 49% |
| 2022 | 20,259,262 | 17,715,186 | 2,544,076 | 9.3 | 52% |
| 2023 | 17,755,930 | 16,506,861 | 1,249,069 | 10.9 | 50% |
In its most recent public year (2023), this organization brought in $1,249,069 more than it spent. Its reserves stood at about 10.9 months of spending, up from 1.4 in 2011. Staff pay was 50% of spending. $13,989,938 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
Richard Milburn Academy Texas 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