Operating record

Island Childrens School Inc

West Tisbury, MA · EIN 04-2487201 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$212,919$224,216−$11,297-0.658%
2021$215,905$258,013−$42,108-0.858%
2022$294,598$285,910$8,6881.559%
2023$271,364$320,399−$49,035-0.565%

In its most recent public year (2023), this organization spent $49,035 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.5 months). Staff pay was 65% 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 ↗