Preparatory School Of The District Of Columbia Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 935,389 | 998,744 | −63,355 | -3.3 | 44% |
| 2015 | 768,688 | 924,787 | −156,099 | -6.0 | 52% |
| 2016 | 799,215 | 989,560 | −190,345 | -7.9 | 61% |
| 2017 | 902,957 | 991,057 | −88,100 | -9.8 | 58% |
| 2018 | 1,084,321 | 1,080,001 | 4,320 | -8.3 | 60% |
| 2019 | 1,046,195 | 912,323 | 133,872 | -8.1 | 58% |
| 2020 | 800,984 | 914,859 | −113,875 | -9.5 | 56% |
| 2021 | 788,554 | 775,270 | 13,284 | -26.6 | 53% |
| 2022 | 738,554 | 855,155 | −116,601 | -25.7 | 64% |
| 2023 | 291,686 | 289,089 | 2,597 | -75.9 | 84% |
In its most recent public year (2023), this organization brought in $2,597 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-75.9 months), down from -3.3 in 2014. Staff pay was 84% 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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