Lyman Ward Military Academy The Southern Industrial Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,112,011 | 3,126,459 | −14,448 | 11.4 | 43% |
| 2013 | 3,182,282 | 3,189,793 | −7,511 | 11.2 | 43% |
| 2014 | 5,215,180 | 3,142,452 | 2,072,728 | 19.3 | 42% |
| 2015 | 3,219,950 | 3,226,180 | −6,230 | 18.7 | 43% |
| 2016 | 3,299,992 | 3,663,171 | −363,179 | 15.2 | 39% |
| 2017 | 3,213,087 | 3,189,061 | 24,026 | 16.4 | 35% |
| 2018 | 2,940,745 | 3,246,632 | −305,887 | 15.0 | 38% |
| 2019 | 2,909,174 | 3,412,785 | −503,611 | 16.5 | 36% |
| 2020 | 2,857,464 | 3,465,143 | −607,679 | 14.1 | 45% |
| 2021 | 2,902,644 | 3,225,542 | −322,898 | 14.0 | 54% |
| 2022 | 3,948,051 | 3,653,837 | 294,214 | 13.3 | 52% |
| 2023 | 3,721,136 | 4,070,984 | −349,848 | 10.9 | 50% |
In its most recent public year (2023), this organization spent $349,848 more than it brought in. Its reserves stood at about 10.9 months of spending. Staff pay was 50% of spending. $74,068 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
Lyman Ward Military Academy The Southern Industrial Institute'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