Goodwin College Magnet Schools Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 13,897,849 | 13,237,188 | 660,661 | 1.9 | 0% |
| 2018 | 14,245,300 | 14,069,659 | 175,641 | 1.9 | 0% |
| 2019 | 15,695,914 | 15,503,216 | 192,698 | 1.9 | 0% |
| 2020 | 16,613,283 | 17,205,004 | −591,721 | 1.3 | 0% |
| 2021 | 17,501,870 | 16,097,193 | 1,404,677 | 2.4 | 0% |
| 2022 | 18,748,011 | 17,953,202 | 794,809 | 2.7 | 0% |
| 2023 | 20,674,800 | 20,489,011 | 185,789 | 2.5 | 0% |
In its most recent public year (2023), this organization brought in $185,789 more than it spent. Its reserves stood at about 2.5 months of spending. Staff pay was 0% 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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