Mmi Preparatory School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,712,216 | 4,582,025 | 1,130,191 | 62.4 | 36% |
| 2012 | 3,890,664 | 4,637,167 | −746,503 | 59.9 | 0% |
| 2013 | 7,545,239 | 5,086,329 | 2,458,910 | 60.4 | 0% |
| 2014 | 8,066,656 | 5,324,206 | 2,742,450 | 63.9 | 35% |
| 2015 | 5,048,893 | 5,546,632 | −497,739 | 60.2 | 36% |
| 2016 | 5,036,402 | 5,697,389 | −660,987 | 57.2 | 38% |
| 2017 | 7,947,281 | 5,942,743 | 2,004,538 | 58.9 | 40% |
| 2018 | 6,944,769 | 6,104,926 | 839,843 | 57.8 | 41% |
| 2019 | 5,637,954 | 6,086,283 | −448,329 | 57.6 | 38% |
| 2020 | 5,269,572 | 6,052,309 | −782,737 | 56.2 | 40% |
| 2021 | 6,526,427 | 5,941,863 | 584,564 | 67.0 | 39% |
| 2022 | 4,836,638 | 5,952,257 | −1,115,619 | 56.2 | 36% |
| 2023 | 5,220,618 | 6,402,893 | −1,182,275 | 52.2 | 38% |
In its most recent public year (2023), this organization spent $1,182,275 more than it brought in. Its reserves stood at about 52.2 months of spending, down from 62.4 in 2011. Staff pay was 38% of spending. $14,295,415 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works