Providence Preparatory Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 25,773 | 8,667 | 17,106 | 23.7 | 0% |
| 2016 | 229,328 | 215,244 | 14,084 | 2.4 | 70% |
| 2017 | 218,358 | 216,788 | 1,570 | 2.5 | 77% |
| 2018 | 300,389 | 291,019 | 9,370 | 2.2 | 75% |
| 2019 | 357,979 | 353,439 | 4,540 | 2.0 | 74% |
| 2021 | 493,754 | 408,954 | 84,800 | 5.3 | 77% |
| 2022 | 888,967 | 660,080 | 228,887 | 7.2 | 69% |
| 2023 | 758,108 | 734,047 | 24,061 | 6.8 | 67% |
| 2024 | 948,377 | 869,641 | 78,736 | 6.8 | 63% |
In its most recent public year (2024), this organization brought in $78,736 more than it spent. Its reserves stood at about 6.8 months of spending, down from 23.7 in 2013. Staff pay was 63% 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 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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