Madison Learning Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 513,877 | 514,130 | −253 | 19.1 | 68% |
| 2021 | 599,165 | 534,950 | 64,215 | 19.8 | 69% |
| 2022 | 688,012 | 592,527 | 95,485 | 19.8 | 68% |
| 2023 | 508,530 | 672,158 | −163,628 | 14.5 | 72% |
In its most recent public year (2023), this organization spent $163,628 more than it brought in. Its reserves stood at about 14.5 months of spending, down from 19.1 in 2020. Staff pay was 72% 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
Madison Learning Center 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