Independence Academy Of Indiana Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 481,178 | 267,951 | 213,227 | 13.6 | 71% |
| 2012 | 401,923 | 383,763 | 18,160 | 10.1 | 67% |
| 2013 | 428,544 | 447,556 | −19,012 | 7.9 | 71% |
| 2014 | 175,530 | 244,738 | −69,208 | 11.0 | 68% |
| 2015 | 528,016 | 458,002 | 70,014 | 7.6 | 69% |
| 2016 | 558,334 | 464,330 | 94,004 | 9.9 | 70% |
| 2017 | 630,057 | 524,267 | 105,790 | 11.3 | 71% |
| 2018 | 670,843 | 524,859 | 145,984 | 14.9 | 70% |
| 2019 | 603,252 | 546,504 | 56,748 | 15.1 | 65% |
| 2020 | 827,788 | 654,925 | 172,863 | 15.9 | 66% |
| 2021 | 757,808 | 601,333 | 156,475 | 23.2 | 69% |
| 2022 | 1,563,055 | 930,485 | 632,570 | 21.7 | 52% |
| 2023 | 1,291,703 | 1,218,143 | 73,560 | 17.7 | 40% |
In its most recent public year (2023), this organization brought in $73,560 more than it spent. Its reserves stood at about 17.7 months of spending, up from 13.6 in 2011. Staff pay was 40% 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
Independence Academy Of Indiana Inc'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