Faith Preparatory School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 45,205 | 53,467 | −8,262 | -1.9 | 38% |
| 2015 | 178,184 | 188,691 | −10,507 | 0.1 | 32% |
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 240,600 | 221,540 | 19,060 | 0.7 | 44% |
| 2018 | 250,077 | 252,891 | −2,814 | 0.5 | 48% |
| 2019 | 297,459 | 266,678 | 30,781 | 1.8 | 50% |
| 2020 | 239,433 | 263,983 | −24,550 | 0.7 | 47% |
| 2021 | 351,918 | 311,914 | 40,004 | 8.0 | 48% |
| 2022 | 399,398 | 331,207 | 68,191 | 12.5 | 55% |
| 2023 | 877,315 | 423,498 | 453,817 | 17.6 | 54% |
In its most recent public year (2023), this organization brought in $453,817 more than it spent. Its reserves stood at about 17.6 months of spending, up from -1.9 in 2014. Staff pay was 54% 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
Faith Preparatory School Inc'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