Rock Island-Milan Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 130,160 | 139,790 | −9,630 | 143.4 | 0% |
| 2012 | 605,374 | 224,247 | 381,127 | 109.8 | 0% |
| 2013 | 431,360 | 236,461 | 194,899 | 114.0 | 0% |
| 2014 | 445,309 | 270,295 | 175,014 | 107.5 | 0% |
| 2016 | 991,023 | 475,952 | 515,071 | 78.2 | 0% |
| 2017 | 995,592 | 692,197 | 303,395 | 59.0 | 0% |
| 2018 | 206,758 | 764,704 | −557,946 | 44.7 | 0% |
| 2019 | 943,130 | 528,062 | 415,068 | 74.1 | 9% |
| 2020 | 677,340 | 337,521 | 339,819 | 128.1 | 14% |
| 2021 | 853,499 | 370,971 | 482,528 | 132.1 | 13% |
| 2022 | 175,859 | 571,322 | −395,463 | 77.5 | 10% |
| 2023 | 969,469 | 614,731 | 354,738 | 78.9 | 10% |
In its most recent public year (2023), this organization brought in $354,738 more than it spent. Its reserves stood at about 78.9 months of spending, down from 143.4 in 2011. Staff pay was 10% of spending. $3,618,891 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
Rock Island-Milan Education Foundation'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