Mount Prospect Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 33,699,260 | 31,071,782 | 2,627,478 | 3.4 | 61% |
| 2021 | 42,485,261 | 36,029,412 | 6,455,849 | 5.0 | 59% |
| 2022 | 43,185,289 | 37,259,160 | 5,926,129 | 6.8 | 59% |
| 2023 | 54,649,230 | 44,048,629 | 10,600,601 | 8.6 | 61% |
In its most recent public year (2023), this organization brought in $10,600,601 more than it spent. Its reserves stood at about 8.6 months of spending, up from 3.4 in 2020. Staff pay was 61% 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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