Illinois Education Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,077,961 | 1,037,411 | 40,550 | 3.4 | 4% |
| 2022 | 1,086,049 | 1,102,813 | −16,764 | 3.0 | 4% |
| 2023 | 1,135,884 | 1,136,845 | −961 | 2.9 | 5% |
| 2024 | 1,181,508 | 1,211,293 | −29,785 | 2.4 | 5% |
In its most recent public year (2024), this organization spent $29,785 more than it brought in. Its reserves stood at about 2.4 months of spending. Staff pay was 5% 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 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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