New Leaf Prep Academy Inc

Analysis

New Leaf Prep Academy Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New Leaf Prep Academy Inc reported income of $2.2m and spending of $2.2m, spending 103% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $1.8m to $2.2m (+22%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Leaf Prep Academy Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WI. Charities of a similar size with the same main cause include Public Library of Johnston County and Smithfield ($2.2m), North Bellmore After-School Center Inc ($2.2m) and Calhoun Christian School ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $108k (4.9% of expenses). Other salaries and wages came to $726k. At year end it held assets of $13.8m against liabilities of $14.3m, net assets of -$560k. It reported 33 employees.