Institute For Workforce Advancement
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 45,800 | 722,176 | −676,376 | -11.2 | 13% |
| 2015 | 298,360 | 923,055 | −624,695 | -16.9 | 19% |
| 2016 | 727,003 | 1,090,064 | −363,061 | -18.3 | 22% |
| 2017 | 1,068,037 | 1,306,261 | −238,224 | -17.3 | 22% |
| 2018 | 828,498 | 1,338,998 | −510,500 | -21.4 | 21% |
| 2019 | 457,185 | 961,879 | −504,694 | -37.1 | 25% |
| 2020 | 59,093 | 707,422 | −648,329 | -62.8 | 26% |
| 2021 | 148,227 | 478,361 | −330,134 | -101.2 | 51% |
In its most recent public year (2021), this organization spent $330,134 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-101.2 months), down from -11.2 in 2014. Staff pay was 51% 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 2021. 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
Institute For Workforce Advancement's IRS filings as a feed — one entry per filing year, through 2021. 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