Quad Preparatory School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 671,485 | 622,840 | 48,645 | 0.9 | 70% |
| 2016 | 1,623,262 | 1,522,609 | 100,653 | 1.2 | 67% |
| 2017 | 4,061,559 | 4,122,417 | −60,858 | 0.2 | 60% |
| 2018 | 6,684,759 | 7,625,737 | −940,978 | -2.4 | 55% |
| 2019 | 10,194,347 | 10,306,503 | −112,156 | -1.9 | 57% |
| 2020 | 14,531,822 | 16,946,253 | −2,414,431 | -2.9 | 53% |
| 2021 | 18,563,667 | 17,423,082 | 1,140,585 | -2.0 | 61% |
| 2022 | 21,975,785 | 22,839,494 | −863,709 | -2.1 | 57% |
| 2023 | 24,173,186 | 25,677,934 | −1,504,748 | -2.5 | 59% |
In its most recent public year (2023), this organization spent $1,504,748 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.5 months), down from 0.9 in 2015. Staff pay was 59% of spending. $285,773 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
Quad Preparatory School's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works