Challenge To Excellence Charter School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,417,099 | 3,375,260 | 41,839 | 4.7 | 47% |
| 2012 | 3,506,748 | 3,556,972 | −50,224 | 4.3 | 49% |
| 2013 | 3,644,004 | 3,587,253 | 56,751 | 3.5 | 50% |
| 2014 | 3,652,107 | 3,731,461 | −79,354 | 3.1 | 50% |
| 2015 | 4,051,791 | 4,000,106 | 51,685 | -13.0 | 48% |
| 2016 | 4,106,792 | 4,412,217 | −305,425 | -12.6 | 48% |
| 2017 | 4,235,392 | 6,443,293 | −2,207,901 | -12.8 | 34% |
| 2018 | 4,343,689 | 7,063,978 | −2,720,289 | -16.8 | 32% |
| 2019 | 5,578,019 | 4,609,141 | 968,878 | -23.2 | 54% |
| 2020 | 5,749,347 | 4,923,195 | 826,152 | -19.7 | 52% |
| 2021 | 7,384,910 | 5,384,528 | 2,000,382 | -13.6 | 48% |
| 2022 | 8,271,040 | 5,857,459 | 2,413,581 | -7.5 | 45% |
| 2023 | 6,651,052 | 6,074,257 | 576,795 | -6.1 | 46% |
In its most recent public year (2023), this organization brought in $576,795 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-6.1 months), down from 4.7 in 2011. Staff pay was 46% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works