Tru Prep Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 314,904 | 210,157 | 104,747 | 6.0 | 1% |
| 2020 | 807,077 | 809,751 | −2,674 | 0.8 | 24% |
| 2021 | 922,219 | 867,847 | 54,372 | 1.5 | 26% |
| 2022 | 716,140 | 666,994 | 49,146 | 3.7 | 41% |
| 2023 | 1,559,579 | 1,135,492 | 424,087 | 4.7 | 24% |
In its most recent public year (2023), this organization brought in $424,087 more than it spent. Its reserves stood at about 4.7 months of spending, down from 6 in 2018. Staff pay was 24% 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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