Newman International Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 183,888 | 183,788 | 100 | 0.0 | — |
| 2012 | 2,830,760 | 2,519,409 | 311,351 | 1.5 | 56% |
| 2013 | 3,624,885 | 3,680,316 | −55,431 | 0.8 | 67% |
| 2014 | 5,531,086 | 5,048,308 | 482,778 | 1.8 | 65% |
| 2015 | 7,661,237 | 7,327,436 | 333,801 | 1.8 | 63% |
| 2016 | 10,891,379 | 11,848,669 | −957,290 | 0.1 | 64% |
| 2017 | 19,225,759 | 19,303,994 | −78,235 | 0.0 | 61% |
| 2018 | 23,487,544 | 22,583,623 | 903,921 | 0.5 | 62% |
| 2019 | 27,697,943 | 25,119,125 | 2,578,818 | 1.7 | 62% |
| 2020 | 35,763,246 | 29,918,495 | 5,844,751 | 3.8 | 62% |
| 2021 | 32,428,105 | 31,760,336 | 667,769 | 3.8 | 62% |
| 2022 | 33,314,318 | 32,129,509 | 1,184,809 | 4.2 | 61% |
| 2023 | 33,656,605 | 34,213,632 | −557,027 | 3.7 | 60% |
In its most recent public year (2023), this organization spent $557,027 more than it brought in. Its reserves stood at about 3.7 months of spending, up from 0 in 2011. Staff pay was 60% of spending. $10,660,116 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
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