Midland Classical Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 2,024,955 | 2,316,671 | −291,716 | 40.6 | 49% |
| 2011 | 2,247,488 | 2,420,778 | −173,290 | 38.0 | 5% |
| 2012 | 2,831,010 | 2,414,230 | 416,780 | 40.2 | 49% |
| 2013 | 2,668,688 | 2,543,847 | 124,841 | 38.7 | 49% |
| 2014 | 2,582,835 | 2,782,686 | −199,851 | 34.5 | 50% |
| 2015 | 2,794,583 | 2,955,757 | −161,174 | 31.8 | 50% |
| 2016 | 2,952,189 | 2,998,680 | −46,491 | 31.2 | 50% |
| 2017 | 2,801,831 | 3,087,926 | −286,095 | 29.2 | 51% |
| 2018 | 3,788,500 | 3,403,695 | 384,805 | 27.8 | 49% |
| 2019 | 3,500,356 | 3,500,687 | −331 | 27.1 | 50% |
| 2020 | 3,774,824 | 3,517,131 | 257,693 | 27.9 | 53% |
| 2021 | 6,271,867 | 4,031,880 | 2,239,987 | 31.0 | 49% |
| 2022 | 6,083,761 | 4,597,043 | 1,486,718 | 31.1 | 45% |
| 2023 | 4,908,842 | 4,907,610 | 1,232 | 29.2 | 39% |
In its most recent public year (2023), this organization brought in $1,232 more than it spent. Its reserves stood at about 29.2 months of spending, down from 40.6 in 2010. Staff pay was 39% 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
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