Grand Rapids University Preparatory Academy Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 7,171,195 | 469,087 | 6,702,108 | 182.1 | 0% |
| 2013 | 3,380,157 | 450,951 | 2,929,206 | 267.4 | 0% |
| 2014 | 327,092 | 610,473 | −283,381 | 191.9 | 0% |
| 2015 | 149,481 | 531,375 | −381,894 | 211.9 | 0% |
| 2016 | 74,821 | 503,522 | −428,701 | 217.0 | 0% |
| 2017 | 192,154 | 534,591 | −342,437 | 196.7 | 0% |
| 2018 | 201,684 | 527,698 | −326,014 | 191.8 | 0% |
| 2019 | 247,132 | 564,526 | −317,394 | 172.6 | 0% |
| 2020 | 253,621 | 550,267 | −296,646 | 170.5 | 0% |
| 2021 | 209,727 | 412,051 | −202,324 | 222.1 | 0% |
| 2022 | 224,508 | 454,722 | −230,214 | 195.0 | 0% |
| 2023 | 274,627 | 521,496 | −246,869 | 164.4 | 0% |
In its most recent public year (2023), this organization spent $246,869 more than it brought in. Its reserves stood at about 164.4 months of spending, down from 182.1 in 2012. Staff pay was 0% of spending. $50,000 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
Grand Rapids University Preparatory Academy Association's IRS filings as a feed — one entry per filing year, through 2023. 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