Portable Practical Educational Preparation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 66,273,699 | 66,190,889 | 82,810 | 2.3 | 20% |
| 2021 | 94,704,086 | 92,295,395 | 2,408,691 | 2.0 | 14% |
| 2022 | 94,238,392 | 89,985,811 | 4,252,581 | 2.6 | 14% |
| 2023 | 96,062,882 | 93,476,350 | 2,586,532 | 2.8 | 16% |
In its most recent public year (2023), this organization brought in $2,586,532 more than it spent. Its reserves stood at about 2.8 months of spending. Staff pay was 16% of spending. $5,157,300 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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