Institute For Quality Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,003,645 | 785,818 | 217,827 | 5.3 | 20% |
| 2012 | 2,822,858 | 1,636,998 | 1,185,860 | 11.3 | 15% |
| 2013 | 3,542,477 | 2,590,999 | 951,478 | 11.5 | 10% |
| 2014 | 8,302,723 | 6,115,543 | 2,187,180 | 9.2 | 4% |
| 2015 | 8,590,703 | 6,949,040 | 1,641,663 | 10.9 | 10% |
| 2016 | 9,482,323 | 7,903,736 | 1,578,587 | 12.0 | 6% |
| 2017 | 10,683,451 | 9,090,608 | 1,592,843 | 12.9 | 5% |
| 2018 | 12,306,102 | 10,963,636 | 1,342,466 | 12.2 | 9% |
| 2019 | 11,241,504 | 10,940,215 | 301,289 | 12.5 | 9% |
| 2020 | 10,479,375 | 11,258,645 | −779,270 | 11.4 | 9% |
| 2021 | 12,010,135 | 10,601,277 | 1,408,858 | 13.7 | 9% |
| 2022 | 14,892,886 | 13,517,083 | 1,375,803 | 11.9 | 8% |
| 2023 | 14,528,950 | 13,392,508 | 1,136,442 | 13.1 | 9% |
In its most recent public year (2023), this organization brought in $1,136,442 more than it spent. Its reserves stood at about 13.1 months of spending, up from 5.3 in 2011. Staff pay was 9% of spending. $10,175,133 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 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
Institute For Quality Education 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