Innovations Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,717,712 | 1,579,933 | 137,779 | 1.5 | 46% |
| 2012 | 2,071,826 | 1,750,188 | 321,638 | 3.6 | 56% |
| 2013 | 2,245,004 | 2,086,620 | 158,384 | 3.9 | 56% |
| 2014 | 2,494,004 | 2,110,523 | 383,481 | 6.0 | 63% |
| 2015 | 2,650,260 | 2,404,556 | 245,704 | 6.5 | 62% |
| 2016 | 3,147,993 | 2,799,358 | 348,635 | 7.1 | 61% |
| 2017 | 3,469,927 | 3,366,122 | 103,805 | 6.3 | 59% |
| 2018 | 3,442,726 | 3,459,053 | −16,327 | 6.1 | 61% |
| 2019 | 4,011,869 | 3,552,774 | 459,095 | 7.4 | 62% |
| 2020 | 3,877,339 | 3,539,795 | 337,544 | 8.6 | 65% |
| 2021 | 4,275,007 | 3,935,880 | 339,127 | 8.8 | 62% |
| 2022 | 5,352,076 | 4,884,705 | 467,371 | 8.2 | 57% |
| 2023 | 6,224,077 | 5,560,155 | 663,922 | 8.7 | 53% |
In its most recent public year (2023), this organization brought in $663,922 more than it spent. Its reserves stood at about 8.7 months of spending, up from 1.5 in 2011. Staff pay was 53% of spending. $2,936 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
Innovations Academy's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works