Independent Connecticut Petroleum Association Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 510,954 | 499,235 | 11,719 | 14.4 | 35% |
| 2012 | 556,313 | 519,799 | 36,514 | 14.7 | 33% |
| 2013 | 517,297 | 596,111 | −78,814 | 11.2 | 36% |
| 2014 | 486,138 | 679,395 | −193,257 | 6.4 | 30% |
| 2015 | 803,269 | 719,316 | 83,953 | 7.5 | 28% |
| 2016 | 547,768 | 573,594 | −25,826 | 8.8 | 38% |
| 2017 | 642,791 | 539,553 | 103,238 | 11.7 | 35% |
| 2018 | 925,908 | 583,453 | 342,455 | 17.8 | 35% |
| 2019 | 758,906 | 608,093 | 150,813 | 20.1 | 38% |
| 2020 | 644,119 | 535,370 | 108,749 | 25.3 | 42% |
| 2021 | 711,879 | 607,691 | 104,188 | 24.3 | 42% |
| 2022 | 886,305 | 699,292 | 187,013 | 24.3 | 44% |
| 2023 | 837,709 | 844,423 | −6,714 | 20.1 | 40% |
In its most recent public year (2023), this organization spent $6,714 more than it brought in. Its reserves stood at about 20.1 months of spending, up from 14.4 in 2011. Staff pay was 40% of spending. $4,500 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
Independent Connecticut Petroleum Association Education Foundation'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