Montgomery Preparatory Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,768,636 | 2,149,301 | −380,665 | -2.1 | 29% |
| 2020 | 2,533,326 | 2,973,778 | −440,452 | -3.3 | 37% |
| 2021 | 2,949,425 | 3,263,189 | −313,764 | -4.2 | 28% |
| 2022 | 3,433,604 | 3,505,681 | −72,077 | -4.1 | 32% |
| 2023 | 3,820,074 | 3,805,554 | 14,520 | -3.8 | 33% |
In its most recent public year (2023), this organization brought in $14,520 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-3.8 months), down from -2.1 in 2019. Staff pay was 33% 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
Montgomery Preparatory Academy'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