Illinois Retired Teachers Association Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 350,834 | 404,649 | −53,815 | 34.5 | 29% |
| 2012 | 400,985 | 396,159 | 4,826 | 35.4 | 30% |
| 2013 | 699,508 | 492,949 | 206,559 | 33.5 | 31% |
| 2014 | 598,210 | 573,442 | 24,768 | 29.3 | 31% |
| 2015 | 768,824 | 567,003 | 201,821 | 33.9 | 33% |
| 2016 | 498,191 | 481,220 | 16,971 | 40.4 | 23% |
| 2017 | 355,219 | 426,620 | −71,401 | 43.5 | 0% |
| 2018 | 431,410 | 382,227 | 49,183 | 50.1 | 0% |
| 2019 | 413,743 | 370,740 | 43,003 | 53.1 | 0% |
| 2020 | 482,443 | 356,800 | 125,643 | 59.4 | 0% |
| 2021 | 560,020 | 379,562 | 180,458 | 61.5 | 0% |
| 2022 | 891,648 | 522,469 | 369,179 | 53.2 | 0% |
| 2023 | 460,751 | 399,247 | 61,504 | 71.4 | 0% |
In its most recent public year (2023), this organization brought in $61,504 more than it spent. Its reserves stood at about 71.4 months of spending, up from 34.5 in 2011. Staff pay was 0% of spending. $479,858 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
Illinois Retired Teachers Association Foundation Inc'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