Sacramento Preparatory Music Academy
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $314,702 | $308,501 | $6,201 | 0.6 | 0% |
| 2021 | $91,465 | $165,026 | −$73,561 | -2.8 | — |
| 2022 | $299,299 | $678,425 | −$379,126 | -7.4 | 21% |
| 2023 | $234,926 | $263,603 | −$28,677 | -20.3 | 27% |
In its most recent public year (2023), this organization spent $28,677 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-20.3 months), down from 0.6 in 2020. Staff pay was 27% 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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