Independent Paths To Learning
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,195,628 | 3,998,926 | 196,702 | 3.4 | 59% |
| 2021 | 4,969,246 | 4,046,672 | 922,574 | 6.1 | 57% |
| 2022 | 4,497,205 | 4,521,281 | −24,076 | 5.4 | 51% |
| 2023 | 4,430,915 | 4,350,650 | 80,265 | 5.8 | 55% |
In its most recent public year (2023), this organization brought in $80,265 more than it spent. Its reserves stood at about 5.8 months of spending, up from 3.4 in 2020. Staff pay was 55% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works