South Carolina Preparartory Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 27,456 | −27,456 | -12.0 | 0% |
| 2021 | 213,154 | 251,579 | −38,425 | -3.1 | 0% |
| 2022 | 2,094,877 | 1,374,472 | 720,405 | 1.7 | 0% |
| 2023 | 4,302,967 | 3,999,918 | 303,049 | 1.5 | 18% |
In its most recent public year (2023), this organization brought in $303,049 more than it spent. Its reserves stood at about 1.5 months of spending, up from -12 in 2020. Staff pay was 18% 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
South Carolina Preparartory 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