nonprofit · EIN 27-0617933 · RI
How much does RHODE ISLAND MAYORAL ACADEMY (SM) raise and spend?
RHODE ISLAND MAYORAL ACADEMY (SM) (RI, EIN 27-0617933) reported $42.1M in revenue and $44.4M in expenses for tax year 2024, with $7.0M in net assets (1.9 months of reserves). By expenses that ranks 5,260 of 391,588 e-filers, 604 of 42,022 in NTEE B: Education, 34 of 1,586 nonprofits in rhode island.
What stands out
RHODE ISLAND MAYORAL ACADEMY (SM) (RI, EIN 27-0617933) reported $42.1M in revenue and $44.4M in expenses for tax year 2024, with $7.0M in net assets (1.9 months of reserves). By expenses that ranks 5,260 of 391,588 e-filers, 604 of 42,022 in NTEE B: Education, 34 of 1,586 nonprofits in rhode island. Against NTEE B: Education: months of reserves 1.9 months, below the peer median of 11.5 months; officer compensation share of expenses 0.9%, below the peer median of 5.4%; contributions share of revenue 30.2%, below the peer median of 47.5%; surplus margin -5.5%, below the peer median of 5.1%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $42.1M | $176.1k | $21.4M | $198.5k |
| Total expenses | $44.4M | $155.0k | $20.3M | $179.6k |
| Total assets | $55.9M | $711.1k | $29.5M | $761.5k |
| Net assets | $7.0M | $616.0k | $17.4M | $615.1k |
| Officer compensation (total per organisation) | $382.2k | $130.5k | $625.8k | $114.3k |
| Program service revenue share | 69.0% | 13.1% | 73.7% | 13.4% |
| Contributions share of revenue | 30.2% | 47.5% | 12.5% | 55.6% |
| Officer compensation share of expenses | 0.9% | 5.4% | 2.6% | 6.6% |
| Months of reserves | 1.9 months | 11.5 months | 9.5 months | 12.4 months |
| Surplus margin | -5.5% | 5.1% | 2.1% | 4.3% |
Year by year
7 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $42.1M | $44.4M | $7.0M | 1.9 months | $382.2k | 5,260 |
| 2023 | $42.1M | $43.0M | $9.3M | 2.6 months | $305.4k | 8,917 |
| 2022 | $42.2M | $39.4M | $10.2M | 3.1 months | $401.8k | 8,741 |
| 2021 | $34.0M | $33.6M | $7.4M | 2.6 months | $359.7k | 6,556 |
| 2020 | $32.2M | $32.4M | $7.0M | 2.6 months | $351.9k | 9,312 |
| 2019 | $29.0M | $29.0M | $7.1M | 3.0 months | $322.8k | 9,815 |
| 2018 | $27.2M | $25.5M | $7.1M | 3.4 months | $317.0k | 9,800 |
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