Isle Of Wight County Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,106,307 | 3,904,884 | 201,423 | 7.7 | 61% |
| 2012 | 4,298,230 | 4,250,354 | 47,876 | 7.2 | 60% |
| 2013 | 4,500,634 | 4,354,331 | 146,303 | 7.5 | 60% |
| 2014 | 5,790,232 | 4,527,225 | 1,263,007 | 10.6 | 58% |
| 2015 | 5,026,155 | 4,854,986 | 171,169 | 10.4 | 58% |
| 2016 | 5,389,348 | 4,974,874 | 414,474 | 11.0 | 60% |
| 2017 | 5,189,121 | 5,141,129 | 47,992 | 11.0 | 1% |
| 2018 | 5,371,344 | 5,373,972 | −2,628 | 10.8 | 57% |
| 2019 | 5,285,280 | 5,373,937 | −88,657 | 10.7 | 0% |
| 2020 | 5,116,411 | 5,448,769 | −332,358 | 9.8 | 0% |
| 2021 | 4,615,379 | 5,359,396 | −744,017 | 10.3 | 63% |
| 2022 | 5,411,642 | 5,524,682 | −113,040 | 9.9 | 61% |
| 2023 | 5,435,754 | 5,734,007 | −298,253 | 8.9 | 61% |
In its most recent public year (2023), this organization spent $298,253 more than it brought in. Its reserves stood at about 8.9 months of spending, up from 7.7 in 2011. Staff pay was 61% of spending. $768,762 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
Isle Of Wight County 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