Kingdom Preparatory Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 232,968 | 189,532 | 43,436 | 7.1 | 75% |
| 2021 | 56,931 | 278,931 | −222,000 | 0.3 | — |
| 2022 | 323,234 | 279,697 | 43,537 | 5.2 | 75% |
| 2023 | 436,410 | 327,477 | 108,933 | 13.0 | 68% |
In its most recent public year (2023), this organization brought in $108,933 more than it spent. Its reserves stood at about 13 months of spending, up from 7.1 in 2020. Staff pay was 68% 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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