Lake Highland Preparatory School Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 185,727 | 157,341 | 28,386 | 702.7 | 0% |
| 2021 | 399,307 | 157,621 | 241,686 | 822.1 | 0% |
| 2022 | 501,204 | 202,686 | 298,518 | 600.8 | 0% |
| 2023 | 1,238,187 | 209,785 | 1,028,402 | 677.1 | 10% |
In its most recent public year (2023), this organization brought in $1,028,402 more than it spent. Its reserves stood at about 677.1 months of spending, down from 702.7 in 2020. Staff pay was 10% of spending. $6,080,078 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
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