C B King Memorial School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,258,478 | 6,599,606 | 658,872 | 3.8 | 63% |
| 2012 | 7,979,103 | 7,997,620 | −18,517 | 3.1 | 63% |
| 2013 | 8,493,852 | 8,110,561 | 383,291 | 3.3 | 65% |
| 2014 | 8,154,301 | 7,977,199 | 177,102 | 3.7 | 63% |
| 2015 | 8,131,758 | 8,241,160 | −109,402 | 3.4 | 61% |
| 2016 | 7,866,212 | 8,304,179 | −437,967 | 2.7 | 64% |
| 2017 | 9,085,596 | 9,001,916 | 83,680 | 2.5 | 60% |
| 2018 | 9,182,959 | 9,395,638 | −212,679 | 2.6 | 56% |
| 2019 | 8,324,889 | 8,195,876 | 129,013 | 2.7 | 59% |
| 2020 | 5,655,895 | 6,360,757 | −704,862 | 2.2 | 51% |
| 2021 | 6,509,393 | 5,155,348 | 1,354,045 | 5.9 | 45% |
| 2022 | 8,314,228 | 7,013,217 | 1,301,011 | 6.5 | 50% |
| 2023 | 8,560,360 | 8,402,886 | 157,474 | 5.7 | 49% |
| 2024 | 7,594,968 | 8,160,699 | −565,731 | 5.0 | 50% |
In its most recent public year (2024), this organization spent $565,731 more than it brought in. Its reserves stood at about 5 months of spending, up from 3.8 in 2011. Staff pay was 50% 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 2024. 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
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