The Madison School Ltd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 793,552 | 695,625 | 97,927 | 0.1 | 61% |
| 2022 | 1,070,045 | 934,467 | 135,578 | 1.8 | 65% |
| 2023 | 893,873 | 866,466 | 27,407 | 2.3 | 66% |
In its most recent public year (2023), this organization brought in $27,407 more than it spent. Its reserves stood at about 2.3 months of spending, up from 0.1 in 2021. Staff pay was 66% 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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