Independence Christian Schools Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 946,778 | 1,372,604 | −425,826 | -1.8 | 44% |
| 2012 | 936,717 | 341,388 | 595,329 | 0.0 | 15% |
| 2013 | 1,037,220 | 1,048,436 | −11,216 | 0.0 | 56% |
| 2014 | 1,006,895 | 1,014,693 | −7,798 | 0.0 | 57% |
| 2015 | 951,750 | 955,969 | −4,219 | 0.0 | 67% |
| 2016 | 938,968 | 893,394 | 45,574 | 0.0 | 62% |
| 2017 | 967,483 | 957,712 | 9,771 | -2.7 | 59% |
| 2018 | 910,733 | 893,861 | 16,872 | -2.7 | 65% |
| 2019 | 863,883 | 795,682 | 68,201 | -2.0 | 62% |
| 2020 | 898,346 | 922,212 | −23,866 | -2.1 | 59% |
| 2021 | 1,335,660 | 996,885 | 338,775 | 2.1 | 58% |
| 2022 | 1,560,742 | 1,369,423 | 191,319 | 3.2 | 58% |
| 2023 | 1,513,788 | 1,395,446 | 118,342 | 4.2 | 63% |
In its most recent public year (2023), this organization brought in $118,342 more than it spent. Its reserves stood at about 4.2 months of spending, up from -1.8 in 2011. 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 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works