Northern Illinois Research Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 265,695 | 275,700 | −10,005 | 1.8 | 0% |
| 2012 | 2,116,693 | 1,309,110 | 807,583 | 7.8 | 0% |
| 2013 | 513,646 | 685,743 | −172,097 | 11.8 | 0% |
| 2014 | 1,654,666 | 1,658,653 | −3,987 | 4.9 | 0% |
| 2015 | 1,369,248 | 1,342,299 | 26,949 | 6.3 | 0% |
| 2016 | 720,456 | 996,120 | −275,664 | 9.4 | 0% |
| 2017 | 397,648 | 841,575 | −443,927 | 4.8 | 0% |
| 2018 | 455,782 | 567,774 | −111,992 | 4.7 | 0% |
| 2019 | 366,127 | 441,821 | −75,694 | 4.0 | 0% |
| 2020 | 243,699 | 285,585 | −41,886 | 4.4 | 0% |
| 2021 | 287,992 | 279,220 | 8,772 | 3.8 | 0% |
| 2022 | 296,352 | 304,630 | −8,278 | 3.1 | 0% |
| 2023 | 294,663 | 289,702 | 4,961 | 3.5 | 0% |
| 2024 | 272,183 | 271,186 | 997 | 3.8 | 0% |
In its most recent public year (2024), this organization brought in $997 more than it spent. Its reserves stood at about 3.8 months of spending, up from 1.8 in 2011. Staff pay was 0% 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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