Innovateedu Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 821,331 | 810,349 | 10,982 | 5.8 | 10% |
| 2015 | 1,018,048 | 2,023,407 | −1,005,359 | -0.4 | 25% |
| 2016 | 2,968,221 | 2,081,396 | 886,825 | 4.7 | 40% |
| 2017 | 3,297,037 | 2,278,548 | 1,018,489 | 9.6 | 58% |
| 2018 | 5,073,517 | 3,743,983 | 1,329,534 | 10.1 | 41% |
| 2019 | 2,064,452 | 3,103,129 | −1,038,677 | 8.2 | 48% |
| 2020 | 3,621,876 | 2,654,622 | 967,254 | 14.0 | 64% |
| 2021 | 3,180,754 | 3,449,535 | −268,781 | 9.8 | 56% |
| 2022 | 5,723,231 | 3,718,083 | 2,005,148 | 15.6 | 54% |
| 2023 | 4,862,256 | 4,210,732 | 651,524 | 15.6 | 59% |
In its most recent public year (2023), this organization brought in $651,524 more than it spent. Its reserves stood at about 15.6 months of spending, up from 5.8 in 2014. Staff pay was 59% of spending. $2,992,446 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
Innovateedu Inc'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