Independence Mission Schools
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 232,040 | 39,961 | 192,079 | 57.7 | 0% |
| 2013 | 1,493,758 | 674,458 | 819,300 | 18.0 | 44% |
| 2014 | 23,333,812 | 19,677,058 | 3,656,754 | 2.8 | 60% |
| 2015 | 25,883,379 | 22,233,923 | 3,649,456 | 4.5 | 60% |
| 2016 | 30,390,301 | 26,970,988 | 3,419,313 | 5.6 | 60% |
| 2017 | 34,868,373 | 30,691,219 | 4,177,154 | 6.6 | 55% |
| 2018 | 30,840,888 | 32,465,957 | −1,625,069 | 5.6 | 57% |
| 2019 | 36,027,635 | 32,265,456 | 3,762,179 | 7.1 | 57% |
| 2020 | 29,105,857 | 26,901,677 | 2,204,180 | 9.7 | 62% |
| 2021 | 31,345,958 | 27,839,486 | 3,506,472 | 11.2 | 62% |
| 2022 | 38,175,969 | 31,726,965 | 6,449,004 | 12.0 | 57% |
| 2023 | 46,876,562 | 32,985,292 | 13,891,270 | 16.8 | 60% |
In its most recent public year (2023), this organization brought in $13,891,270 more than it spent. Its reserves stood at about 16.8 months of spending, down from 57.7 in 2012. Staff pay was 60% of spending. $23,162,689 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
Independence Mission Schools's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works