Horace Mann Educational Associates Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 39,239,868 | 38,849,852 | 390,016 | 3.7 | 57% |
| 2021 | 36,551,853 | 35,635,212 | 916,641 | 4.5 | 58% |
| 2022 | 42,230,717 | 39,970,348 | 2,260,369 | 4.5 | 61% |
| 2023 | 42,653,007 | 41,512,300 | 1,140,707 | 4.7 | 59% |
In its most recent public year (2023), this organization brought in $1,140,707 more than it spent. Its reserves stood at about 4.7 months of spending. Staff pay was 59% of spending. $360,338 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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