Institute Of Technology Andacademics
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,445,091 | 1,546,967 | −101,876 | -0.6 | 45% |
| 2012 | 1,837,450 | 1,743,284 | 94,166 | 0.0 | 41% |
| 2013 | 1,811,475 | 1,787,009 | 24,466 | 0.0 | 40% |
| 2014 | 1,753,418 | 1,788,070 | −34,652 | -0.2 | 38% |
| 2015 | 1,900,310 | 1,911,508 | −11,198 | -0.2 | 36% |
| 2016 | 2,077,320 | 1,985,569 | 91,751 | 0.3 | 39% |
| 2017 | 2,129,107 | 2,044,649 | 84,458 | 0.8 | 43% |
| 2018 | 2,455,873 | 2,292,656 | 163,217 | 1.6 | 34% |
| 2019 | 2,683,858 | 2,511,517 | 172,341 | 2.3 | 34% |
| 2020 | 2,738,078 | 2,639,638 | 98,440 | 2.6 | 35% |
| 2021 | 2,923,130 | 2,403,626 | 519,504 | 5.5 | 34% |
| 2022 | 3,054,131 | 3,338,316 | −284,185 | 2.9 | 35% |
| 2023 | 3,365,773 | 3,663,644 | −297,871 | 1.6 | 41% |
In its most recent public year (2023), this organization spent $297,871 more than it brought in. Its reserves stood at about 1.6 months of spending, up from -0.6 in 2011. Staff pay was 41% 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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