Innovation Spokane Schools
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 828,652 | 662,724 | 165,928 | 3.0 | 31% |
| 2016 | 287,826 | 304,056 | −16,230 | 13.6 | 52% |
| 2017 | 2,761,375 | 2,562,206 | 199,169 | 2.5 | 48% |
| 2019 | 6,362,317 | 5,861,523 | 500,794 | -0.5 | 45% |
| 2020 | 6,643,041 | 7,452,586 | −809,545 | -1.7 | 51% |
| 2021 | 8,242,945 | 7,509,841 | 733,104 | -0.5 | 55% |
| 2022 | 10,962,169 | 8,641,199 | 2,320,970 | 2.8 | 43% |
| 2023 | 9,138,877 | 8,618,006 | 520,871 | 3.5 | 46% |
In its most recent public year (2023), this organization brought in $520,871 more than it spent. Its reserves stood at about 3.5 months of spending. Staff pay was 46% of spending. $842,818 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
Innovation Spokane 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