North East Carolina Preparatory School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 2,902,508 | 3,352,029 | −449,521 | -1.6 | 53% |
| 2014 | 6,818,997 | 7,810,489 | −991,492 | -2.7 | 46% |
| 2015 | 10,239,326 | 9,742,446 | 496,880 | -1.4 | 51% |
| 2017 | 8,632,122 | 8,212,643 | 419,479 | 1.2 | 50% |
| 2018 | 8,408,271 | 8,280,669 | 127,602 | 1.4 | 48% |
| 2019 | 8,422,582 | 8,392,180 | 30,402 | 1.4 | 47% |
| 2020 | 8,941,641 | 8,251,365 | 690,276 | 2.4 | 57% |
| 2021 | 8,765,939 | 8,576,587 | 189,352 | 1.6 | 55% |
| 2022 | 15,904,746 | 14,280,275 | 1,624,471 | 2.5 | 39% |
| 2023 | 10,947,080 | 10,239,597 | 707,483 | 2.9 | 51% |
In its most recent public year (2023), this organization brought in $707,483 more than it spent. Its reserves stood at about 2.9 months of spending, up from -1.6 in 2013. Staff pay was 51% of spending. $1,727,939 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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