Downtown College Prep Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 20 | 4,238 | −4,218 | -11.9 | 0% |
| 2016 | 4,216,980 | 257,773 | 3,959,207 | 184.1 | 0% |
| 2017 | 1,715,285 | 1,010,526 | 704,759 | 55.3 | 0% |
| 2018 | 2,260,435 | 2,581,263 | −320,828 | 20.2 | 0% |
| 2019 | 2,356,933 | 3,408,029 | −1,051,096 | 11.6 | 0% |
| 2020 | 2,425,185 | 3,421,383 | −996,198 | 8.0 | 0% |
| 2021 | 3,533,515 | 3,432,601 | 100,914 | 8.4 | 0% |
| 2022 | 3,555,875 | 3,472,317 | 83,558 | 8.6 | 0% |
| 2023 | 3,533,014 | 3,529,343 | 3,671 | 8.4 | 0% |
In its most recent public year (2023), this organization brought in $3,671 more than it spent. Its reserves stood at about 8.4 months of spending, up from -11.9 in 2015. Staff pay was 0% of spending. $2,479,769 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
Downtown College Prep Foundation'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