Igbans Institute Of Vocational Training Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 450,926 | 492,718 | −41,792 | -1.8 | 12% |
| 2022 | 597,184 | 502,986 | 94,198 | 12.6 | 25% |
| 2023 | 290,167 | 324,102 | −33,935 | 16.3 | 25% |
In its most recent public year (2023), this organization spent $33,935 more than it brought in. Its reserves stood at about 16.3 months of spending, up from -1.8 in 2019. Staff pay was 25% 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
Igbans Institute Of Vocational Training 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