Innovative Learning Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,467,580 | 9,229,101 | 238,479 | 8.2 | 65% |
| 2012 | 9,476,304 | 9,324,182 | 152,122 | 8.2 | 64% |
| 2013 | 9,603,262 | 9,323,139 | 280,123 | 8.4 | 64% |
| 2014 | 11,331,745 | 10,480,278 | 851,467 | 8.6 | 63% |
| 2015 | 12,659,297 | 12,107,199 | 552,098 | 8.0 | 62% |
| 2016 | 12,813,986 | 12,397,048 | 416,938 | 8.2 | 59% |
| 2018 | 14,269,869 | 13,225,074 | 1,044,795 | 9.3 | 62% |
| 2019 | 14,515,758 | 13,943,866 | 571,892 | 8.5 | 61% |
| 2020 | 15,035,877 | 13,989,938 | 1,045,939 | 9.4 | 61% |
| 2021 | 15,553,956 | 14,202,051 | 1,351,905 | 10.8 | 62% |
| 2022 | 15,755,864 | 15,580,306 | 175,558 | 9.8 | 61% |
| 2023 | 17,407,342 | 16,695,933 | 711,409 | 9.7 | 62% |
In its most recent public year (2023), this organization brought in $711,409 more than it spent. Its reserves stood at about 9.7 months of spending, up from 8.2 in 2011. Staff pay was 62% of spending. $56,760 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
Innovative Learning 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