Bestprep
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,964,657 | 1,786,806 | 177,851 | 7.9 | 63% |
| 2021 | 1,901,319 | 1,895,445 | 5,874 | 7.5 | 64% |
| 2022 | 2,475,251 | 2,026,355 | 448,896 | 9.7 | 65% |
| 2023 | 2,434,355 | 2,155,325 | 279,030 | 10.7 | 65% |
In its most recent public year (2023), this organization brought in $279,030 more than it spent. Its reserves stood at about 10.7 months of spending, up from 7.9 in 2020. Staff pay was 65% of spending. $617,110 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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