Power & Praise Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 133,034 | 120,364 | 12,670 | 1.3 | — |
| 2016 | 152,772 | 110,253 | 42,519 | 4.6 | — |
| 2017 | 161,853 | 99,280 | 62,573 | 7.6 | — |
| 2018 | 113,012 | 99,042 | 13,970 | 1.7 | — |
| 2019 | 92,925 | 89,085 | 3,840 | 0.5 | — |
| 2020 | 102,538 | 97,879 | 4,659 | 0.6 | — |
In its most recent public year (2020), this organization brought in $4,659 more than it spent. Its reserves stood at about 0.6 months 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 2020. 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
Power & Praise Academy Inc's IRS filings as a feed — one entry per filing year, through 2020. 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