Independent Educational Consultants Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,059,311 | 2,305,604 | −246,293 | 0.4 | 40% |
| 2021 | 2,525,134 | 1,984,171 | 540,963 | 3.8 | 50% |
| 2022 | 2,612,861 | 2,336,965 | 275,896 | 4.6 | 44% |
| 2023 | 2,890,585 | 3,044,245 | −153,660 | 2.9 | 35% |
In its most recent public year (2023), this organization spent $153,660 more than it brought in. Its reserves stood at about 2.9 months of spending, up from 0.4 in 2020. Staff pay was 35% 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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