Innovation Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 187,374 | 189,286 | −1,912 | -0.1 | 60% |
| 2017 | 525,442 | 463,572 | 61,870 | 1.6 | 57% |
| 2018 | 614,684 | 571,586 | 43,098 | 2.2 | 60% |
| 2019 | 743,442 | 721,391 | 22,051 | 2.1 | 62% |
| 2020 | 542,896 | 607,374 | −64,478 | 1.2 | 64% |
| 2021 | 261,884 | 274,970 | −13,086 | 2.1 | 48% |
| 2022 | 872,294 | 757,927 | 114,367 | 2.6 | 66% |
| 2023 | 1,248,855 | 1,157,495 | 91,360 | 2.6 | 76% |
| 2024 | 1,312,674 | 1,092,033 | 220,641 | 5.2 | 63% |
In its most recent public year (2024), this organization brought in $220,641 more than it spent. Its reserves stood at about 5.2 months of spending. Staff pay was 63% 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 2024. 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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