Wonderful College Prep Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 35,759,649 | 33,960,697 | 1,798,952 | 2.0 | 43% |
| 2021 | 39,455,531 | 37,273,325 | 2,182,206 | 2.5 | 42% |
| 2022 | 50,280,007 | 48,025,856 | 2,254,151 | 2.5 | 42% |
| 2023 | 56,155,410 | 55,930,057 | 225,353 | 2.2 | 47% |
In its most recent public year (2023), this organization brought in $225,353 more than it spent. Its reserves stood at about 2.2 months of spending. Staff pay was 47% 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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