everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Seven Hills Preparatory Academy

Richfield, MN / EIN 20-3107105 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20114,357,4064,144,907212,4992.446%
20124,041,5064,065,634−24,1282.445%
20134,330,5014,272,36258,1392.444%
20144,887,7164,706,194181,5222.746%
20157,351,8717,189,014162,857-2.347%
20168,114,3898,395,268−280,879-2.445%
20179,449,34411,590,772−2,141,428-4.038%
201810,628,77812,654,601−2,025,823-5.540%
201911,635,07710,362,5901,272,487-5.354%
202012,840,12513,762,063−921,938-4.845%
202113,694,85213,251,507443,345-5.152%
202215,420,40315,094,152326,251-3.850%
202316,407,91816,219,727188,191-2.951%

In its most recent public year (2023), this organization brought in $188,191 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.9 months), down from 2.4 in 2011. Staff pay was 51% 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

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