Ipswich Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 50,283 | 26,851 | 23,432 | 56.3 | — |
| 2011 | 45,455 | 63,174 | −17,719 | 20.6 | — |
| 2012 | 160,981 | 103,491 | 57,490 | 19.2 | — |
| 2013 | 71,133 | 97,646 | −26,513 | 17.1 | — |
| 2014 | 150,616 | 142,941 | 7,675 | 12.3 | — |
| 2015 | 193,223 | 164,094 | 29,129 | 12.9 | 0% |
| 2016 | 825,113 | 720,833 | 104,280 | 4.7 | 0% |
| 2017 | 189,706 | 210,160 | −20,454 | 14.0 | 0% |
| 2018 | 22,040 | 58,631 | −36,591 | 84.0 | 0% |
| 2019 | 13,448 | 165,817 | −152,369 | 28.9 | 0% |
| 2020 | 20,417 | 65,866 | −45,449 | 65.9 | 0% |
| 2021 | 73,208 | 54,125 | 19,083 | 85.0 | 0% |
| 2022 | 114,675 | 154,336 | −39,661 | 25.9 | 0% |
| 2023 | 132,213 | 85,106 | 47,107 | 54.5 | 0% |
In its most recent public year (2023), this organization brought in $47,107 more than it spent. Its reserves stood at about 54.5 months of spending, down from 56.3 in 2010. Staff pay was 0% of spending. $343,665 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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