Leadership Preparatory Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 3,993,277 | 3,368,201 | 625,076 | 8.7 | 56% |
| 2022 | 4,906,664 | 4,369,910 | 536,754 | 7.9 | 53% |
| 2023 | 6,185,658 | 5,309,362 | 876,296 | 8.5 | 68% |
In its most recent public year (2023), this organization brought in $876,296 more than it spent. Its reserves stood at about 8.5 months of spending. Staff pay was 68% of spending. $668,177 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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