Illinois Retired Teachers Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 824,723 | 732,874 | 91,849 | 27.9 | 45% |
| 2012 | 942,166 | 771,506 | 170,660 | 29.2 | 44% |
| 2013 | 1,228,869 | 844,515 | 384,354 | 32.1 | 45% |
| 2015 | 1,453,296 | 1,198,375 | 254,921 | 26.3 | 45% |
| 2017 | 1,342,242 | 1,112,477 | 229,765 | 31.6 | 52% |
| 2018 | 1,324,821 | 1,151,963 | 172,858 | 32.3 | 48% |
| 2019 | 1,326,840 | 1,064,552 | 262,288 | 37.9 | 50% |
| 2020 | 1,332,691 | 1,238,991 | 93,700 | 33.5 | 52% |
| 2021 | 1,780,001 | 1,187,263 | 592,738 | 41.0 | 50% |
| 2022 | 1,353,048 | 1,532,162 | −179,114 | 30.3 | 40% |
| 2023 | 1,498,740 | 1,358,000 | 140,740 | 35.5 | 50% |
In its most recent public year (2023), this organization brought in $140,740 more than it spent. Its reserves stood at about 35.5 months of spending, up from 27.9 in 2011. Staff pay was 50% of spending. $219,642 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
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