Masters Preparatory Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 123,819 | 153,674 | −29,855 | 0.9 | 66% |
| 2022 | 110,206 | 92,809 | 17,397 | 3.7 | 61% |
| 2023 | 110,206 | 92,809 | 17,397 | 3.7 | 0% |
| 2024 | 312,523 | 300,979 | 11,544 | 1.6 | 0% |
In its most recent public year (2024), this organization brought in $11,544 more than it spent. Its reserves stood at about 1.6 months of spending. Staff pay was 0% of spending. $40,337 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 2024. 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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