Morningside Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,132,618 | 2,240,907 | −108,289 | 0.4 | 57% |
| 2012 | 2,382,564 | 2,325,785 | 56,779 | 0.7 | 58% |
| 2013 | 2,504,029 | 2,459,538 | 44,491 | 0.8 | 56% |
| 2014 | 2,675,557 | 2,555,911 | 119,646 | 1.4 | 55% |
| 2015 | 2,614,659 | 2,616,294 | −1,635 | 1.3 | 52% |
| 2016 | 2,688,498 | 2,597,200 | 91,298 | 1.8 | 53% |
| 2017 | 2,605,198 | 2,727,990 | −122,792 | 1.1 | 51% |
| 2018 | 2,805,198 | 2,673,609 | 131,589 | 1.8 | 54% |
| 2019 | 2,604,177 | 2,708,655 | −104,478 | 1.3 | 54% |
| 2020 | 2,521,965 | 2,721,614 | −199,649 | 0.4 | 54% |
| 2021 | 3,063,165 | 2,527,813 | 535,352 | 2.8 | 55% |
| 2022 | 6,518,784 | 2,980,936 | 3,537,848 | 15.3 | 58% |
| 2023 | 2,846,509 | 3,578,432 | −731,923 | 11.1 | 52% |
In its most recent public year (2023), this organization spent $731,923 more than it brought in. Its reserves stood at about 11.1 months of spending, up from 0.4 in 2011. Staff pay was 52% 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
Morningside Academy'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