Destin High School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 96,103 | 91,118 | 4,985 | 0.7 | — |
| 2020 | 173,794 | 124,963 | 48,831 | 5.2 | 0% |
| 2021 | 1,163,358 | 1,105,536 | 57,822 | 1.2 | 5% |
| 2022 | 4,125,906 | 4,175,831 | −49,925 | 2.8 | 39% |
| 2023 | 6,129,205 | 7,319,861 | −1,190,656 | -0.2 | 33% |
In its most recent public year (2023), this organization spent $1,190,656 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.2 months). Staff pay was 33% 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
Destin High School 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