Charlotte Secondary School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,975,909 | 2,839,196 | 136,713 | -30.0 | 49% |
| 2020 | 2,886,442 | 2,574,748 | 311,694 | -31.6 | 46% |
| 2021 | 3,149,820 | 1,962,794 | 1,187,026 | -34.2 | 32% |
| 2022 | 2,826,427 | 3,258,724 | −432,297 | -18.4 | 47% |
| 2023 | 2,238,260 | 2,623,032 | −384,772 | -20.8 | 46% |
In its most recent public year (2023), this organization spent $384,772 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-20.8 months), up from -30 in 2019. Staff pay was 46% of spending. $50,134 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works