Prep Public Schools
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 2,101,732 | 316,363 | 1,785,369 | 67.7 | 65% |
| 2019 | 2,267,205 | 2,017,396 | 249,809 | 12.1 | 51% |
| 2020 | 3,025,093 | 2,816,588 | 208,505 | 9.6 | 47% |
| 2021 | 3,704,866 | 3,676,918 | 27,948 | 7.2 | 55% |
| 2022 | 6,245,127 | 5,214,556 | 1,030,571 | 7.4 | 49% |
| 2023 | 6,672,136 | 7,315,586 | −643,450 | 4.4 | 45% |
In its most recent public year (2023), this organization spent $643,450 more than it brought in. Its reserves stood at about 4.4 months of spending, down from 67.7 in 2018. Staff pay was 45% 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
Prep Public Schools'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