Innovation Charter High School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,031,796 | 8,540,083 | 491,713 | 5.7 | 72% |
| 2021 | 9,223,955 | 9,042,790 | 181,165 | 5.6 | 73% |
| 2022 | 10,690,425 | 9,987,211 | 703,214 | 5.9 | 70% |
| 2023 | 10,254,965 | 10,074,699 | 180,266 | 6.1 | 70% |
In its most recent public year (2023), this organization brought in $180,266 more than it spent. Its reserves stood at about 6.1 months of spending. Staff pay was 70% 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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