Legal Prep Charter Academies
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 339,898 | 101,489 | 238,409 | 28.8 | 29% |
| 2012 | 624,161 | 403,591 | 220,570 | 14.2 | 58% |
| 2013 | 2,936,583 | 2,567,442 | 369,141 | 4.0 | 50% |
| 2014 | 2,799,411 | 3,014,032 | −214,621 | 2.5 | 52% |
| 2015 | 3,388,896 | 3,617,713 | −228,817 | 1.3 | 55% |
| 2016 | 4,117,959 | 4,154,744 | −36,785 | 1.1 | 58% |
| 2017 | 4,435,028 | 4,297,419 | 137,609 | 1.4 | 53% |
| 2018 | 4,567,107 | 4,859,293 | −292,186 | 0.5 | 55% |
| 2019 | 4,713,254 | 4,966,397 | −253,143 | -0.1 | 52% |
| 2020 | 4,870,085 | 4,748,595 | 121,490 | 0.2 | 51% |
| 2021 | 5,231,992 | 4,213,080 | 1,018,912 | 3.1 | 51% |
| 2022 | 4,710,183 | 4,534,159 | 176,024 | 3.4 | 50% |
| 2023 | 4,864,249 | 4,445,939 | 418,310 | 4.6 | 51% |
In its most recent public year (2023), this organization brought in $418,310 more than it spent. Its reserves stood at about 4.6 months of spending, down from 28.8 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
Legal Prep Charter Academies'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