National Intercollegiate Flying Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 72,531 | 132,055 | −59,524 | 21.4 | 47% |
| 2012 | 120,586 | 147,554 | −26,968 | 17.0 | 55% |
| 2013 | 204,456 | 260,765 | −56,309 | 7.8 | 23% |
| 2014 | 218,190 | 233,123 | −14,933 | 9.1 | 28% |
| 2015 | 247,419 | 252,691 | −5,272 | 9.1 | 20% |
| 2016 | 265,087 | 258,985 | 6,102 | 8.2 | 19% |
| 2017 | 243,567 | 257,815 | −14,248 | 7.6 | 19% |
| 2018 | 235,367 | 255,631 | −20,264 | 7.3 | 10% |
| 2019 | 197,181 | 251,995 | −54,814 | 4.8 | 0% |
| 2020 | 124,658 | 113,265 | 11,393 | 11.8 | 0% |
| 2021 | 83,248 | 105,689 | −22,441 | 10.1 | 0% |
| 2022 | 243,237 | 234,861 | 8,376 | 4.1 | 0% |
| 2023 | 310,802 | 304,931 | 5,871 | 4.4 | 0% |
In its most recent public year (2023), this organization brought in $5,871 more than it spent. Its reserves stood at about 4.4 months of spending, down from 21.4 in 2011. Staff pay was 0% 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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