Ready Set Prep Early Learning Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 79,163 | 73,284 | 5,879 | 1.0 | — |
| 2015 | 202,398 | 151,154 | 51,244 | 4.1 | 49% |
| 2016 | 196,917 | 145,866 | 51,051 | 4.2 | — |
| 2017 | 85,959 | 147,141 | −61,182 | -0.8 | — |
| 2018 | 173,931 | 133,302 | 40,629 | 2.4 | — |
| 2019 | 164,645 | 167,598 | −2,953 | 2.0 | — |
| 2020 | 177,563 | 116,215 | 61,348 | 10.1 | — |
| 2021 | 131,375 | 116,305 | 15,070 | 11.6 | — |
| 2022 | 195,026 | 201,322 | −6,296 | 4.3 | — |
| 2023 | 210,269 | 210,244 | 25 | -8.8 | 58% |
In its most recent public year (2023), this organization brought in $25 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-8.8 months), down from 1 in 2014. Staff pay was 58% 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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