Prospect Elementary School Parent-Teacher Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 26,520 | 21,144 | 5,376 | 24.9 | — |
| 2021 | 27,183 | 17,638 | 9,545 | 36.4 | — |
| 2022 | 18,509 | 13,766 | 4,743 | 45.5 | — |
| 2023 | −5,531 | 13,807 | −19,338 | 28.6 | — |
| 2024 | 10,471 | 20,178 | −9,707 | 13.8 | — |
In its most recent public year (2024), this organization spent $9,707 more than it brought in. Its reserves stood at about 13.8 months of spending, down from 24.9 in 2020.
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 2024. 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
Prospect Elementary School Parent-Teacher Organization's IRS filings as a feed — one entry per filing year, through 2024. 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