Innovate Public Schools
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 2,634,746 | 727,862 | 1,906,884 | 31.4 | 51% |
| 2014 | 1,753,305 | 1,494,562 | 258,743 | 17.4 | 53% |
| 2015 | 4,049,027 | 2,611,001 | 1,438,026 | 16.6 | 55% |
| 2016 | 6,202,200 | 4,114,409 | 2,087,791 | 16.6 | 50% |
| 2017 | 6,383,667 | 5,872,708 | 510,959 | 12.7 | 53% |
| 2018 | 7,722,273 | 7,044,776 | 677,497 | 11.7 | 54% |
| 2019 | 2,745,607 | 3,573,446 | −827,839 | 20.3 | 52% |
| 2020 | 7,990,134 | 6,695,047 | 1,295,087 | 13.2 | 56% |
| 2021 | 9,088,776 | 7,790,517 | 1,298,259 | 13.3 | 59% |
| 2023 | 6,940,086 | 7,565,819 | −625,733 | 13.2 | 62% |
In its most recent public year (2023), this organization spent $625,733 more than it brought in. Its reserves stood at about 13.2 months of spending, down from 31.4 in 2013. Staff pay was 62% of spending. $3,841,868 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
Innovate Public 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