Southfield Preparatory Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,594,162 | 2,267,579 | 326,583 | 1.7 | 37% |
| 2022 | 3,526,758 | 3,229,616 | 297,142 | 2.3 | 31% |
| 2023 | 3,787,947 | 3,727,453 | 60,494 | 2.2 | 31% |
In its most recent public year (2023), this organization brought in $60,494 more than it spent. Its reserves stood at about 2.2 months of spending. Staff pay was 31% 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
Southfield 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