Indiana Retired Teachers Association Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 77,429 | 67,973 | 9,456 | 45.5 | 0% |
| 2012 | 37,851 | 42,573 | −4,722 | 74.3 | 0% |
| 2013 | 30,802 | 32,826 | −2,024 | 95.6 | 0% |
| 2014 | 76,549 | 39,676 | 36,873 | 97.8 | 0% |
| 2015 | 38,479 | 43,500 | −5,021 | 81.5 | 0% |
| 2016 | 53,975 | 46,150 | 7,825 | 77.0 | 0% |
| 2017 | 30,295 | 44,927 | −14,632 | 81.8 | 12% |
| 2018 | 72,083 | 43,574 | 28,509 | 93.5 | 13% |
| 2019 | 136,992 | 57,575 | 79,417 | 82.4 | 14% |
| 2020 | 173,304 | 62,339 | 110,965 | 96.6 | 11% |
| 2021 | 118,908 | 64,617 | 54,291 | 122.8 | 12% |
| 2022 | 105,784 | 57,470 | 48,314 | 117.1 | 8% |
| 2023 | 45,158 | 55,085 | −9,927 | 125.4 | 14% |
| 2024 | 67,388 | 50,110 | 17,278 | 152.5 | 16% |
In its most recent public year (2024), this organization brought in $17,278 more than it spent. Its reserves stood at about 152.5 months of spending, up from 45.5 in 2011. Staff pay was 16% of spending. $364,946 of its net assets are donor-restricted.
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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