Marion Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 451,379 | 497,296 | −45,917 | -0.9 | 69% |
| 2013 | 572,725 | 554,115 | 18,610 | -0.4 | 60% |
| 2014 | 505,523 | 527,815 | −22,292 | -0.9 | 71% |
| 2015 | 415,404 | 454,452 | −39,048 | -2.1 | 65% |
| 2016 | 380,029 | 457,555 | −77,526 | -4.1 | 64% |
| 2017 | 403,348 | 448,337 | −44,989 | -5.4 | 66% |
| 2018 | 408,200 | 489,179 | −80,979 | -7.0 | 68% |
| 2019 | 315,474 | 386,255 | −70,781 | -11.0 | 66% |
| 2020 | 352,604 | 339,232 | 13,372 | -12.1 | 64% |
| 2021 | 608,057 | 248,320 | 359,737 | 0.9 | 74% |
| 2022 | 241,455 | 265,635 | −24,180 | -0.2 | 74% |
| 2023 | 260,786 | 279,378 | −18,592 | -1.0 | 73% |
In its most recent public year (2023), this organization spent $18,592 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1 months). Staff pay was 73% 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
Marion 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