Challenge Preparatory Charter School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,611,003 | 3,418,175 | 192,828 | 1.0 | 49% |
| 2013 | 5,420,388 | 5,763,036 | −342,648 | -0.1 | 48% |
| 2014 | 6,423,981 | 6,193,335 | 230,646 | 0.3 | 51% |
| 2015 | 7,951,879 | 6,949,314 | 1,002,565 | 2.0 | 53% |
| 2016 | 9,631,226 | 8,883,676 | 747,550 | 2.6 | 49% |
| 2017 | 11,538,121 | 11,543,080 | −4,959 | 2.0 | 49% |
| 2018 | 13,547,168 | 14,061,513 | −514,345 | 1.1 | 52% |
| 2019 | 14,786,659 | 15,235,832 | −449,173 | 0.6 | 51% |
| 2020 | 16,296,082 | 15,096,813 | 1,199,269 | 1.6 | 54% |
| 2021 | 17,577,725 | 15,960,291 | 1,617,434 | 2.7 | 55% |
| 2022 | 22,900,061 | 25,944,095 | −3,044,034 | 0.9 | 46% |
| 2023 | 27,091,306 | 28,743,800 | −1,652,494 | 0.1 | 47% |
In its most recent public year (2023), this organization spent $1,652,494 more than it brought in. Its reserves stood at about 0.1 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
Challenge Preparatory Charter School'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