Forte Preparatory Academy Charter School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 548,968 | 237,585 | 311,383 | 15.7 | 40% |
| 2018 | 2,207,041 | 1,856,333 | 350,708 | 4.3 | 53% |
| 2019 | 4,634,348 | 3,701,479 | 932,869 | 5.2 | 49% |
| 2020 | 6,443,082 | 5,834,518 | 608,564 | 4.5 | 2% |
| 2021 | 9,049,045 | 7,848,960 | 1,200,085 | 5.2 | 52% |
| 2022 | 9,566,464 | 8,859,468 | 706,996 | 5.6 | 48% |
| 2023 | 10,610,274 | 10,215,360 | 394,914 | 5.3 | 48% |
In its most recent public year (2023), this organization brought in $394,914 more than it spent. Its reserves stood at about 5.3 months of spending, down from 15.7 in 2017. Staff pay was 48% of spending. $123,287 of its net assets are donor-restricted.
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
Forte Preparatory Academy Charter School's IRS filings as a feed — one entry per filing year, through 2023. 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