Educational Properties Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,557,070 | 1,375,619 | 181,451 | -9.0 | 0% |
| 2021 | 1,527,215 | 1,309,859 | 217,356 | -7.5 | 0% |
| 2022 | 1,528,255 | 1,290,405 | 237,850 | -5.4 | 0% |
| 2023 | 1,597,009 | 1,301,335 | 295,674 | -2.6 | 0% |
In its most recent public year (2023), this organization brought in $295,674 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.6 months), up from -9 in 2020. 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 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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