Institute Of Academic Excellence
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,389,246 | 4,700,118 | −310,872 | 3.3 | 45% |
| 2012 | 4,906,826 | 4,730,675 | 176,151 | 3.7 | 60% |
| 2013 | 5,031,071 | 4,646,908 | 384,163 | 4.8 | 59% |
| 2014 | 5,748,088 | 5,129,228 | 618,860 | 5.8 | 55% |
| 2015 | 4,580,145 | 4,918,612 | −338,467 | 5.1 | 54% |
| 2016 | 4,781,593 | 4,514,584 | 267,009 | 6.2 | 59% |
| 2017 | 6,076,081 | 4,721,636 | 1,354,445 | 9.4 | 55% |
| 2018 | 6,448,663 | 5,449,250 | 999,413 | 10.4 | 52% |
| 2019 | 6,767,136 | 6,458,532 | 308,604 | 9.3 | 51% |
| 2020 | 6,392,438 | 6,272,583 | 119,855 | 9.8 | 54% |
| 2021 | 6,991,452 | 6,390,287 | 601,165 | 10.8 | 53% |
| 2022 | 7,672,609 | 7,304,973 | 367,636 | 10.0 | 55% |
| 2023 | 8,113,048 | 7,927,262 | 185,786 | 9.5 | 53% |
In its most recent public year (2023), this organization brought in $185,786 more than it spent. Its reserves stood at about 9.5 months of spending, up from 3.3 in 2011. Staff pay was 53% 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
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