Rex And Margaret Fortune School Of Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,924,888 | 4,107,369 | −182,481 | 2.7 | 53% |
| 2012 | 6,089,073 | 5,586,130 | 502,943 | 3.1 | 43% |
| 2013 | 8,165,519 | 7,827,220 | 338,299 | 2.7 | 42% |
| 2014 | 10,684,433 | 10,522,345 | 162,088 | 2.2 | 40% |
| 2015 | 13,665,451 | 13,202,035 | 463,416 | 2.2 | 43% |
| 2016 | 20,972,681 | 19,147,286 | 1,825,395 | 2.7 | 42% |
| 2017 | 22,920,287 | 22,229,060 | 691,227 | 2.7 | 46% |
| 2018 | 23,279,907 | 23,707,119 | −427,212 | 2.3 | 47% |
| 2019 | 23,518,342 | 24,984,506 | −1,466,164 | 1.5 | 44% |
| 2020 | 26,827,979 | 25,948,600 | 879,379 | 1.8 | 45% |
| 2021 | 35,911,409 | 30,613,757 | 5,297,652 | 3.6 | 46% |
| 2022 | 42,193,426 | 37,248,060 | 4,945,366 | 4.5 | 43% |
| 2023 | 45,742,933 | 48,025,792 | −2,282,859 | 2.9 | 43% |
In its most recent public year (2023), this organization spent $2,282,859 more than it brought in. Its reserves stood at about 2.9 months of spending. Staff pay was 43% of spending. $200,513 of its net assets are donor-restricted.
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
Rex And Margaret Fortune School Of Education'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