Mainspring Schools
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 731,794 | 777,651 | −45,857 | 4.7 | 61% |
| 2012 | 1,069,144 | 836,400 | 232,744 | 7.7 | 63% |
| 2013 | 869,869 | 895,552 | −25,683 | 7.0 | 65% |
| 2014 | 987,848 | 998,497 | −10,649 | 6.2 | 67% |
| 2015 | 1,100,042 | 1,098,761 | 1,281 | 5.5 | 66% |
| 2016 | 1,341,604 | 1,180,513 | 161,091 | 6.8 | 68% |
| 2017 | 1,344,101 | 1,412,794 | −68,693 | 5.1 | 68% |
| 2018 | 1,581,539 | 1,461,341 | 120,198 | 6.1 | 71% |
| 2019 | 1,884,975 | 1,659,505 | 225,470 | 7.0 | 71% |
| 2020 | 2,005,756 | 1,725,148 | 280,608 | 8.9 | 73% |
| 2021 | 2,420,883 | 1,841,509 | 579,374 | 12.6 | 71% |
| 2022 | 2,435,201 | 2,174,150 | 261,051 | 11.3 | 70% |
| 2023 | 2,683,950 | 2,505,282 | 178,668 | 10.6 | 66% |
In its most recent public year (2023), this organization brought in $178,668 more than it spent. Its reserves stood at about 10.6 months of spending, up from 4.7 in 2011. Staff pay was 66% of spending. $67,772 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
Mainspring Schools'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