Ivy Tech Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 36,911,177 | 11,231,319 | 25,679,858 | 95.7 | 0% |
| 2012 | 16,076,499 | 12,034,949 | 4,041,550 | 88.7 | 0% |
| 2013 | 16,400,730 | 13,143,811 | 3,256,919 | 85.3 | 0% |
| 2014 | 27,849,374 | 19,040,920 | 8,808,454 | 65.7 | 0% |
| 2015 | 23,085,356 | 17,953,375 | 5,131,981 | 72.2 | 0% |
| 2016 | 22,151,038 | 18,855,467 | 3,295,571 | 69.9 | 0% |
| 2017 | 13,081,837 | 24,471,777 | −11,389,940 | 49.6 | 0% |
| 2018 | 17,398,488 | 16,156,068 | 1,242,420 | 76.8 | 0% |
| 2019 | 25,204,785 | 19,612,845 | 5,591,940 | 66.9 | 0% |
| 2020 | 22,108,760 | 19,816,401 | 2,292,359 | 65.8 | 0% |
| 2021 | 30,082,278 | 19,214,225 | 10,868,053 | 77.8 | 0% |
| 2022 | 38,600,222 | 26,743,266 | 11,856,956 | 57.4 | 0% |
| 2023 | 41,134,022 | 24,943,462 | 16,190,560 | 70.8 | 0% |
| 2024 | 23,032,210 | 27,184,523 | −4,152,313 | 65.9 | 0% |
In its most recent public year (2024), this organization spent $4,152,313 more than it brought in. Its reserves stood at about 65.9 months of spending, down from 95.7 in 2011. Staff pay was 0% of spending. $121,143,739 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 2024. 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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