Prep For Prep
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 11,111,508 | 9,667,361 | 1,444,147 | 42.6 | 53% |
| 2013 | 11,568,698 | 10,219,964 | 1,348,734 | 45.9 | 55% |
| 2014 | 10,639,046 | 10,670,615 | −31,569 | 49.1 | 53% |
| 2015 | 13,521,912 | 10,371,769 | 3,150,143 | 51.6 | 52% |
| 2016 | 7,938,509 | 10,881,832 | −2,943,323 | 46.3 | 52% |
| 2017 | 15,503,923 | 11,714,371 | 3,789,552 | 46.7 | 51% |
| 2018 | 17,977,289 | 11,983,431 | 5,993,858 | 61.0 | 55% |
| 2019 | 8,698,497 | 12,388,833 | −3,690,336 | 56.7 | 56% |
| 2020 | 9,132,318 | 12,286,315 | −3,153,997 | 53.8 | 57% |
| 2021 | 11,458,262 | 10,865,077 | 593,185 | 73.2 | 64% |
| 2022 | 10,691,357 | 12,199,010 | −1,507,653 | 55.2 | 57% |
| 2023 | 16,518,747 | 14,880,016 | 1,638,731 | 49.8 | 52% |
| 2024 | 14,399,825 | 15,460,288 | −1,060,463 | 48.1 | 53% |
In its most recent public year (2024), this organization spent $1,060,463 more than it brought in. Its reserves stood at about 48.1 months of spending, up from 42.6 in 2012. Staff pay was 53% of spending. $9,703,558 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 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
Prep For Prep's IRS filings as a feed — one entry per filing year, through 2024. 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