Insurance Legislators Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 144,753 | 132,464 | 12,289 | 4.4 | — |
| 2021 | 115,857 | 142,934 | −27,077 | 1.8 | — |
| 2022 | 138,781 | 100,035 | 38,746 | 7.2 | — |
| 2023 | 213,752 | 125,829 | 87,923 | 14.1 | 0% |
In its most recent public year (2023), this organization brought in $87,923 more than it spent. Its reserves stood at about 14.1 months of spending, up from 4.4 in 2020. 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 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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