Monarch Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 69,966 | 67,982 | 1,984 | 0.4 | 58% |
| 2023 | 178,747 | 138,083 | 40,664 | 0.0 | 63% |
| 2024 | 362,098 | 231,574 | 130,524 | 0.0 | 27% |
In its most recent public year (2024), this organization brought in $130,524 more than it spent. Its reserves stood at about 0 months of spending. Staff pay was 27% 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 2024. 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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