Lincoln Preparatory Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 629 | 172,108 | −171,479 | -12.0 | — |
| 2016 | 1,657,896 | 1,501,779 | 156,117 | -0.1 | 43% |
| 2017 | 2,265,276 | 2,457,855 | −192,579 | -1.0 | 47% |
| 2018 | 3,394,863 | 3,035,400 | 359,463 | 0.6 | 49% |
| 2019 | 3,907,697 | 3,837,854 | 69,843 | 0.7 | 48% |
| 2020 | 4,828,002 | 4,746,903 | 81,099 | 0.8 | 48% |
| 2021 | 5,518,928 | 5,023,779 | 495,149 | 1.9 | 49% |
| 2022 | 5,402,071 | 5,342,427 | 59,644 | 1.9 | 47% |
| 2023 | 6,523,543 | 6,246,206 | 277,337 | 2.2 | 49% |
In its most recent public year (2023), this organization brought in $277,337 more than it spent. Its reserves stood at about 2.2 months of spending, up from -12 in 2015. 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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