Innovative Quality Schools
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 61,381 | 61,461 | −80 | -0.4 | 0% |
| 2013 | 214,485 | 197,347 | 17,138 | 0.9 | 0% |
| 2014 | 250,971 | 250,867 | 104 | 0.7 | 0% |
| 2015 | 276,936 | 236,760 | 40,176 | 2.8 | 0% |
| 2016 | 326,169 | 263,319 | 62,850 | 5.4 | 0% |
| 2017 | 366,710 | 287,793 | 78,917 | 8.2 | 0% |
| 2018 | 417,907 | 390,234 | 27,673 | 6.9 | 0% |
| 2019 | 408,347 | 419,838 | −11,491 | 6.1 | 0% |
| 2020 | 455,295 | 416,671 | 38,624 | 7.3 | 0% |
| 2021 | 513,142 | 464,785 | 48,357 | 7.8 | 0% |
| 2022 | 603,324 | 557,083 | 46,241 | 7.5 | 0% |
| 2023 | 610,219 | 627,499 | −17,280 | 6.3 | 0% |
| 2024 | 648,812 | 623,484 | 25,328 | 6.6 | 0% |
In its most recent public year (2024), this organization brought in $25,328 more than it spent. Its reserves stood at about 6.6 months of spending, up from -0.4 in 2012. 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 2024. 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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