Waxahachie Preparatory Academy Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 504,502 | 498,233 | 6,269 | 0.1 | 69% |
| 2012 | 591,024 | 604,441 | −13,417 | -0.2 | 59% |
| 2013 | 704,011 | 682,508 | 21,503 | 0.2 | 60% |
| 2014 | 713,029 | 724,603 | −11,574 | -0.0 | 70% |
| 2015 | 725,021 | 768,862 | −43,841 | -0.7 | 71% |
| 2016 | 901,456 | 927,480 | −26,024 | -1.0 | 61% |
| 2017 | 980,420 | 972,329 | 8,091 | -0.8 | 62% |
| 2018 | 970,980 | 956,983 | 13,997 | -0.6 | 72% |
| 2019 | 879,918 | 879,892 | 26 | -0.7 | 70% |
| 2020 | 855,070 | 815,017 | 40,053 | -0.1 | 66% |
| 2021 | 898,086 | 794,568 | 103,518 | 1.4 | 68% |
| 2022 | 1,071,235 | 932,873 | 138,362 | 3.0 | 68% |
| 2023 | 1,408,156 | 1,146,171 | 261,985 | 5.2 | 62% |
In its most recent public year (2023), this organization brought in $261,985 more than it spent. Its reserves stood at about 5.2 months of spending, up from 0.1 in 2011. Staff pay was 62% 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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