Folsom Prep Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,110,929 | 1,096,439 | 14,490 | 0.2 | 57% |
| 2022 | 2,098,970 | 1,690,675 | 408,295 | 3.2 | 47% |
| 2023 | 2,154,365 | 1,962,045 | 192,320 | 3.9 | 53% |
| 2024 | 2,191,148 | 2,059,432 | 131,716 | 4.5 | 52% |
In its most recent public year (2024), this organization brought in $131,716 more than it spent. Its reserves stood at about 4.5 months of spending, up from 0.2 in 2020. Staff pay was 52% 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 2024. 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
Folsom Prep Academy's IRS filings as a feed — one entry per filing year, through 2024. 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