Purpose Preparatory Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 330,215 | 162,926 | 167,289 | 12.3 | 37% |
| 2014 | 1,359,114 | 1,391,959 | −32,845 | 1.2 | 35% |
| 2015 | 2,070,275 | 1,813,010 | 257,265 | 1.9 | 43% |
| 2016 | 2,744,813 | 2,569,920 | 174,893 | 2.2 | 41% |
| 2017 | 3,660,537 | 3,360,919 | 299,618 | 2.7 | 43% |
| 2018 | 4,335,910 | 4,137,271 | 198,639 | 2.8 | 45% |
| 2019 | 4,776,215 | 4,347,981 | 428,234 | 3.8 | 46% |
| 2020 | 4,804,689 | 4,309,678 | 495,011 | 5.3 | 50% |
| 2021 | 6,201,971 | 4,197,169 | 2,004,802 | 11.1 | 56% |
| 2022 | 7,881,900 | 5,717,162 | 2,164,738 | 12.7 | 45% |
| 2023 | 8,192,648 | 7,279,267 | 913,381 | 11.5 | 43% |
In its most recent public year (2023), this organization brought in $913,381 more than it spent. Its reserves stood at about 11.5 months of spending. Staff pay was 43% 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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