Ivy Preparatory Academy Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,409,213 | 3,336,054 | 73,159 | 1.4 | 44% |
| 2012 | 6,673,775 | 6,184,564 | 489,211 | 1.7 | 42% |
| 2013 | 7,146,620 | 7,918,461 | −771,841 | 0.2 | 51% |
| 2014 | 8,732,192 | 8,685,192 | 47,000 | 1.4 | 49% |
| 2015 | 3,905,267 | 4,727,284 | −822,017 | -1.6 | 33% |
| 2016 | 4,848,243 | 5,035,048 | −186,805 | -2.1 | 42% |
| 2017 | 4,710,317 | 5,160,783 | −450,466 | -3.1 | 46% |
| 2018 | 5,423,517 | 6,071,733 | −648,216 | -7.2 | 0% |
| 2019 | 6,001,731 | 6,580,656 | −578,925 | -7.7 | 0% |
| 2020 | 6,014,262 | 6,771,444 | −757,182 | -8.8 | 0% |
| 2021 | 6,998,046 | 6,980,280 | 17,766 | -8.5 | 0% |
| 2022 | 7,743,445 | 7,457,035 | 286,410 | -5.5 | 0% |
| 2023 | 7,944,967 | 8,615,156 | −670,189 | -5.7 | 0% |
| 2024 | 7,632,680 | 9,019,426 | −1,386,746 | -7.2 | 0% |
In its most recent public year (2024), this organization spent $1,386,746 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.2 months), down from 1.4 in 2011. Staff pay was 0% 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 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
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