Trinity Preparatory Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,304,609 | 1,089,796 | 214,813 | 5.2 | 62% |
| 2021 | 1,261,419 | 1,108,886 | 152,533 | 6.8 | 58% |
| 2022 | 1,884,211 | 1,405,158 | 479,053 | 9.4 | 52% |
| 2023 | 1,798,617 | 1,654,724 | 143,893 | 9.1 | 49% |
In its most recent public year (2023), this organization brought in $143,893 more than it spent. Its reserves stood at about 9.1 months of spending, up from 5.2 in 2020. Staff pay was 49% 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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