Morning Star Preparatory Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 633,192 | 597,197 | 35,995 | 0.5 | 62% |
| 2019 | 858,376 | 897,829 | −39,453 | -0.2 | 65% |
| 2020 | 1,169,105 | 1,240,043 | −70,938 | -0.9 | 73% |
| 2021 | 1,699,244 | 1,628,895 | 70,349 | 0.6 | 71% |
| 2022 | 2,228,229 | 1,859,439 | 368,790 | 2.9 | 67% |
| 2023 | 2,607,196 | 2,718,847 | −111,651 | 1.5 | 62% |
In its most recent public year (2023), this organization spent $111,651 more than it brought in. Its reserves stood at about 1.5 months of spending. 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
Morning Star Preparatory Academy Inc'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