Institute For Better Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 8,419,989 | 6,593,083 | 1,826,906 | 9.1 | 3% |
| 2013 | 10,960,217 | 8,609,956 | 2,350,261 | 10.3 | 3% |
| 2014 | 13,501,755 | 9,384,129 | 4,117,626 | 14.7 | 3% |
| 2015 | 16,023,763 | 12,966,238 | 3,057,525 | 13.5 | 2% |
| 2016 | 18,250,194 | 15,057,469 | 3,192,725 | 14.1 | 2% |
| 2017 | 20,113,484 | 17,523,667 | 2,589,817 | 13.9 | 2% |
| 2018 | 22,376,496 | 19,321,832 | 3,054,664 | 14.5 | 2% |
| 2019 | 24,099,649 | 22,085,457 | 2,014,192 | 13.8 | 2% |
| 2020 | 22,913,031 | 21,537,937 | 1,375,094 | 14.9 | 2% |
| 2021 | 28,983,882 | 22,769,156 | 6,214,726 | 17.4 | 2% |
| 2022 | 28,870,649 | 24,099,143 | 4,771,506 | 18.5 | 3% |
| 2023 | 26,298,919 | 21,768,577 | 4,530,342 | 23.2 | 3% |
In its most recent public year (2023), this organization brought in $4,530,342 more than it spent. Its reserves stood at about 23.2 months of spending, up from 9.1 in 2012. Staff pay was 3% of spending. $24,752,261 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
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