Education Reform Now Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,059,118 | 6,105,774 | −46,656 | 0.2 | 4% |
| 2012 | 5,502,422 | 5,521,663 | −19,241 | 0.2 | 4% |
| 2013 | 7,463,664 | 6,578,665 | 884,999 | 1.8 | 52% |
| 2014 | 8,931,232 | 9,895,571 | −964,339 | 0.0 | 42% |
| 2015 | 11,916,305 | 9,422,605 | 2,493,700 | 2.2 | 9% |
| 2016 | 12,379,392 | 8,220,503 | 4,158,889 | 8.6 | 5% |
| 2017 | 10,308,568 | 8,741,246 | 1,567,322 | 10.2 | 6% |
| 2018 | 5,705,104 | 8,135,499 | −2,430,395 | 7.4 | 10% |
| 2019 | 11,557,585 | 8,086,242 | 3,471,343 | 12.6 | 12% |
| 2020 | 8,769,665 | 7,216,324 | 1,553,341 | 16.7 | 11% |
| 2021 | 9,742,321 | 8,168,050 | 1,574,271 | 17.1 | 13% |
| 2022 | 19,999,751 | 11,860,284 | 8,139,467 | 19.7 | 13% |
| 2023 | 10,485,630 | 12,935,563 | −2,449,933 | 15.6 | 14% |
In its most recent public year (2023), this organization spent $2,449,933 more than it brought in. Its reserves stood at about 15.6 months of spending, up from 0.2 in 2011. Staff pay was 14% of spending. $8,091,487 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
Education Reform Now Inc'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