Independence School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 8,827,332 | 8,936,241 | −108,909 | 23.6 | 48% |
| 2013 | 7,998,581 | 8,657,945 | −659,364 | 24.1 | 50% |
| 2014 | 7,976,852 | 8,272,784 | −295,932 | 25.8 | 50% |
| 2015 | 8,577,567 | 8,761,979 | −184,412 | 23.8 | 49% |
| 2016 | 8,328,731 | 9,271,015 | −942,284 | 21.4 | 48% |
| 2017 | 9,178,012 | 9,476,983 | −298,971 | 21.3 | 47% |
| 2018 | 9,369,815 | 9,987,171 | −617,356 | 19.6 | 46% |
| 2019 | 9,703,481 | 10,095,577 | −392,096 | 19.2 | 47% |
| 2020 | 9,746,843 | 9,777,277 | −30,434 | 20.0 | 48% |
| 2021 | 10,738,864 | 9,744,368 | 994,496 | 22.9 | 48% |
| 2022 | 12,237,721 | 10,431,706 | 1,806,015 | 20.8 | 44% |
| 2023 | 12,303,148 | 11,833,441 | 469,707 | 18.7 | 41% |
In its most recent public year (2023), this organization brought in $469,707 more than it spent. Its reserves stood at about 18.7 months of spending, down from 23.6 in 2012. Staff pay was 41% of spending. $8,007,779 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
Independence School Inc'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