National Institute For Excellence In Teaching
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,127,486 | 9,570,245 | −1,442,759 | 1.2 | 15% |
| 2012 | 13,396,057 | 12,390,312 | 1,005,745 | 1.9 | 13% |
| 2013 | 15,749,691 | 14,781,315 | 968,376 | 2.4 | 15% |
| 2014 | 20,505,279 | 18,469,972 | 2,035,307 | 4.7 | 76% |
| 2015 | 27,958,464 | 24,768,152 | 3,190,312 | 5.0 | 79% |
| 2016 | 28,666,628 | 24,873,172 | 3,793,456 | 6.9 | 14% |
| 2017 | 22,947,814 | 20,086,708 | 2,861,106 | 10.3 | 18% |
| 2018 | 27,866,371 | 24,298,060 | 3,568,311 | 10.3 | 17% |
| 2019 | 23,151,670 | 21,888,176 | 1,263,494 | 12.1 | 21% |
| 2020 | 19,592,938 | 17,709,538 | 1,883,400 | 16.3 | 31% |
| 2021 | 30,387,286 | 22,960,937 | 7,426,349 | 16.5 | 31% |
| 2022 | 32,366,225 | 29,032,340 | 3,333,885 | 13.7 | 35% |
| 2023 | 32,588,290 | 26,506,610 | 6,081,680 | 18.3 | 42% |
In its most recent public year (2023), this organization brought in $6,081,680 more than it spent. Its reserves stood at about 18.3 months of spending, up from 1.2 in 2011. Staff pay was 42% of spending. $1,092,076 of its net assets are donor-restricted.
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
National Institute For Excellence In Teaching'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