Madison Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,420,872 | 6,077,183 | 343,689 | 16.0 | 57% |
| 2012 | 6,748,212 | 6,332,212 | 416,000 | 16.0 | 57% |
| 2013 | 7,109,772 | 6,723,030 | 386,742 | 16.1 | 56% |
| 2014 | 7,020,789 | 6,921,687 | 99,102 | 16.7 | 56% |
| 2015 | 7,141,313 | 7,264,914 | −123,601 | 15.6 | 56% |
| 2016 | 7,805,277 | 8,155,470 | −350,193 | 13.1 | 54% |
| 2017 | 7,957,433 | 7,986,850 | −29,417 | 13.6 | 57% |
| 2018 | 8,076,729 | 8,194,850 | −118,121 | 13.0 | 52% |
| 2019 | 8,397,090 | 8,382,138 | 14,952 | 12.8 | 50% |
| 2020 | 8,188,125 | 8,244,400 | −56,275 | 12.8 | 51% |
| 2021 | 8,738,039 | 8,713,513 | 24,526 | 12.7 | 49% |
| 2022 | 8,740,995 | 9,198,972 | −457,977 | 10.9 | 51% |
| 2023 | 9,877,162 | 10,604,690 | −727,528 | 8.8 | 50% |
In its most recent public year (2023), this organization spent $727,528 more than it brought in. Its reserves stood at about 8.8 months of spending, down from 16 in 2011. Staff pay was 50% of spending. $1,300,000 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
Madison 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