Prep Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 172,705 | 138,782 | 33,923 | 2.9 | — |
| 2015 | 502,769 | 487,096 | 15,673 | 1.2 | 0% |
| 2016 | 745,012 | 762,104 | −17,092 | 0.5 | 0% |
| 2017 | 817,324 | 774,496 | 42,828 | 1.2 | 0% |
| 2018 | 768,760 | 729,996 | 38,764 | 1.0 | 0% |
| 2019 | 975,568 | 965,954 | 9,614 | 0.9 | 0% |
| 2020 | 827,712 | 776,414 | 51,298 | 1.9 | 0% |
| 2021 | 1,277,580 | 1,081,923 | 195,657 | 3.5 | 0% |
| 2022 | 1,436,350 | 1,256,380 | 179,970 | 4.7 | 0% |
In its most recent public year (2022), this organization brought in $179,970 more than it spent. Its reserves stood at about 4.7 months of spending, up from 2.9 in 2014. Staff pay was 0% 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 2022. 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
Prep Inc's IRS filings as a feed — one entry per filing year, through 2022. 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