Prospect Ridge Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 4,004,248 | 3,449,605 | 554,643 | 1.9 | 43% |
| 2013 | 5,711,406 | 4,940,468 | 770,938 | 3.2 | 46% |
| 2014 | 6,851,159 | 6,051,379 | 799,780 | 4.2 | 47% |
| 2015 | 8,131,003 | 9,129,071 | −998,068 | -6.2 | 39% |
| 2016 | 9,508,323 | 10,683,600 | −1,175,277 | -6.6 | 40% |
| 2017 | 16,630,770 | 17,835,097 | −1,204,327 | -4.8 | 28% |
| 2018 | 11,507,386 | 24,211,887 | −12,704,501 | -10.2 | 24% |
| 2019 | 19,601,483 | 15,600,925 | 4,000,558 | -14.8 | 39% |
| 2020 | 15,897,621 | 11,728,331 | 4,169,290 | -15.4 | 61% |
| 2021 | 16,093,840 | 13,706,997 | 2,386,843 | -12.8 | 56% |
| 2022 | 18,026,300 | 12,724,630 | 5,301,670 | -8.8 | 65% |
| 2023 | 19,467,623 | 20,871,025 | −1,403,402 | -6.2 | 44% |
| 2024 | 20,655,543 | 22,146,872 | −1,491,329 | -6.6 | 47% |
In its most recent public year (2024), this organization spent $1,491,329 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.6 months), down from 1.9 in 2012. 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 2024. 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
Prospect Ridge Academy's IRS filings as a feed — one entry per filing year, through 2024. 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