Illinois Real Estate Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 208,797 | 118,743 | 90,054 | 166.3 | 42% |
| 2021 | 164,822 | 101,728 | 63,094 | 198.0 | 39% |
| 2022 | 250,026 | 82,356 | 167,670 | 257.3 | 36% |
| 2023 | 113,195 | 76,621 | 36,574 | 300.7 | 39% |
In its most recent public year (2023), this organization brought in $36,574 more than it spent. Its reserves stood at about 300.7 months of spending, up from 166.3 in 2020. Staff pay was 39% of spending. $50,000 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works