Illinois Foundation Of Skills Usa Vica
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 149,049 | 32 | 149,017 | 64080.8 | — |
| 2016 | 21,124 | 21,701 | −577 | 94.2 | — |
| 2017 | 8,742 | 8,333 | 409 | 245.8 | — |
| 2018 | 4,230 | 115 | 4,115 | 18243.1 | — |
| 2019 | 100,391 | 311 | 100,080 | 10925.7 | — |
| 2020 | 80,564 | 29,398 | 51,166 | 131.9 | — |
| 2021 | 30,426 | 38,669 | −8,243 | 114.5 | — |
| 2022 | 143,958 | 215,240 | −71,282 | 17.5 | — |
| 2023 | 1,304,034 | 1,296,599 | 7,435 | 0.6 | 2% |
In its most recent public year (2023), this organization brought in $7,435 more than it spent. Its reserves stood at about 0.6 months of spending, down from 64080.8 in 2015. Staff pay was 2% 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
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