Magnet Schools Of America Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,033,547 | 926,775 | 106,772 | 24.6 | 27% |
| 2012 | 859,832 | 1,040,923 | −181,091 | 19.1 | 30% |
| 2013 | 851,338 | 1,186,522 | −335,184 | 13.4 | 33% |
| 2014 | 1,288,062 | 1,299,708 | −11,646 | 12.1 | 22% |
| 2015 | 1,383,245 | 1,383,817 | −572 | 11.2 | 13% |
| 2016 | 1,839,112 | 1,835,633 | 3,479 | 8.5 | 13% |
| 2017 | 1,583,505 | 2,049,247 | −465,742 | 5.4 | 13% |
| 2018 | 2,383,400 | 2,315,233 | 68,167 | 4.6 | 19% |
| 2019 | 2,297,890 | 2,252,177 | 45,713 | 5.6 | 19% |
| 2020 | 1,131,352 | 1,525,101 | −393,749 | 6.0 | 35% |
| 2021 | 2,109,210 | 1,710,414 | 398,796 | 8.5 | 35% |
| 2022 | 2,838,835 | 2,992,762 | −153,927 | 3.4 | 26% |
| 2023 | 2,857,007 | 2,843,674 | 13,333 | 4.0 | 24% |
In its most recent public year (2023), this organization brought in $13,333 more than it spent. Its reserves stood at about 4 months of spending, down from 24.6 in 2011. Staff pay was 24% 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
Magnet Schools Of America 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