Power And Grace Preparatory Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 179,933 | 174,160 | 5,773 | 0.4 | — |
| 2018 | 246,606 | 239,641 | 6,965 | 0.6 | 59% |
| 2019 | 357,395 | 338,159 | 19,236 | -1.1 | 61% |
| 2020 | 313,094 | 405,364 | −92,270 | -2.4 | 52% |
| 2021 | 690,650 | 568,954 | 121,696 | 0.9 | 54% |
| 2022 | 809,356 | 731,854 | 77,502 | 0.7 | 47% |
| 2023 | 928,295 | 927,042 | 1,253 | 0.8 | 49% |
In its most recent public year (2023), this organization brought in $1,253 more than it spent. Its reserves stood at about 0.8 months of spending. 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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