Ilearn Schools Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 3,291,513 | 3,236,601 | 54,912 | 0.2 | 67% |
| 2017 | 4,105,377 | 3,720,245 | 385,132 | 1.4 | 68% |
| 2018 | 4,873,722 | 4,039,412 | 834,310 | 3.8 | 67% |
| 2019 | 5,881,482 | 5,310,094 | 571,388 | 4.2 | 62% |
| 2020 | 7,299,630 | 5,558,658 | 1,740,972 | 7.7 | 54% |
| 2021 | 8,692,177 | 6,236,688 | 2,455,489 | 11.6 | 52% |
| 2022 | 10,581,989 | 7,159,930 | 3,422,059 | 15.9 | 48% |
| 2023 | 12,637,646 | 8,880,966 | 3,756,680 | 17.9 | 48% |
In its most recent public year (2023), this organization brought in $3,756,680 more than it spent. Its reserves stood at about 17.9 months of spending, up from 0.2 in 2016. Staff pay was 48% 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
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