Prospect Schools Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 88,819 | 10,685 | 78,134 | 233.6 | — |
| 2012 | 111,301 | 59,691 | 51,610 | 52.2 | — |
| 2013 | 144,247 | 60,211 | 84,036 | 68.5 | — |
| 2014 | 284,912 | 130,954 | 153,958 | 45.6 | 0% |
| 2015 | 1,436,637 | 381,014 | 1,055,623 | 48.9 | 0% |
| 2016 | 1,057,481 | 1,113,896 | −56,415 | 16.1 | 0% |
| 2017 | 1,302,575 | 1,186,932 | 115,643 | 16.3 | 0% |
| 2018 | 1,371,715 | 1,175,422 | 196,293 | 18.5 | 3% |
| 2019 | 4,806,265 | 4,677,632 | 128,633 | 5.0 | 64% |
| 2020 | 7,039,893 | 5,957,446 | 1,082,447 | 6.1 | 66% |
| 2021 | 6,213,918 | 6,339,992 | −126,074 | 5.5 | 62% |
| 2022 | 6,588,021 | 7,346,199 | −758,178 | 3.5 | 59% |
| 2023 | 9,043,437 | 9,274,141 | −230,704 | 2.5 | 60% |
In its most recent public year (2023), this organization spent $230,704 more than it brought in. Its reserves stood at about 2.5 months of spending, down from 233.6 in 2011. Staff pay was 60% of spending. $150,000 of its net assets are donor-restricted.
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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