Foundation For Information Technology Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 76,450 | 88,161 | −11,711 | 65.8 | 0% |
| 2012 | 156,464 | 114,064 | 42,400 | 59.9 | 0% |
| 2013 | 98,428 | 104,722 | −6,294 | 69.5 | 0% |
| 2014 | 111,999 | 100,321 | 11,678 | 72.0 | 0% |
| 2015 | 43,835 | 67,462 | −23,627 | 97.1 | 0% |
| 2016 | 41,651 | 64,630 | −22,979 | 100.8 | 0% |
| 2017 | 345,275 | 53,775 | 291,500 | 193.3 | 0% |
| 2018 | 170,013 | 159,826 | 10,187 | 57.8 | 0% |
| 2019 | 161,271 | 154,266 | 7,005 | 68.5 | 0% |
| 2020 | 28,324 | 76,612 | −48,288 | 146.4 | 7% |
| 2021 | 79,005 | 51,275 | 27,730 | 227.4 | 0% |
| 2022 | 23,433 | 66,141 | −42,708 | 141.3 | 0% |
| 2023 | 93,785 | 129,577 | −35,792 | 75.7 | 0% |
In its most recent public year (2023), this organization spent $35,792 more than it brought in. Its reserves stood at about 75.7 months of spending, up from 65.8 in 2011. Staff pay was 0% of spending. $731,140 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
Foundation For Information Technology Education'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