Internal Audit Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,381,192 | 2,132,725 | 248,467 | 16.5 | 0% |
| 2012 | 2,132,064 | 2,020,120 | 111,944 | 19.0 | 0% |
| 2013 | 2,605,924 | 2,304,684 | 301,240 | 18.6 | 1% |
| 2014 | 2,428,021 | 2,344,690 | 83,331 | 18.6 | 1% |
| 2015 | 2,179,683 | 2,129,899 | 49,784 | 20.2 | 0% |
| 2016 | 2,804,562 | 2,213,524 | 591,038 | 22.7 | 0% |
| 2017 | 2,622,951 | 2,106,561 | 516,390 | 26.4 | 50% |
| 2018 | 2,359,217 | 2,071,787 | 287,430 | 26.9 | 35% |
| 2019 | 2,084,376 | 2,115,623 | −31,247 | 28.0 | 41% |
| 2020 | 1,908,003 | 1,740,831 | 167,172 | 36.5 | 47% |
| 2021 | 1,956,569 | 1,532,375 | 424,194 | 45.6 | 49% |
| 2022 | 935,570 | 679,005 | 256,565 | 96.7 | 31% |
| 2023 | 1,129,209 | 1,401,432 | −272,223 | 47.6 | 23% |
In its most recent public year (2023), this organization spent $272,223 more than it brought in. Its reserves stood at about 47.6 months of spending, up from 16.5 in 2011. Staff pay was 23% of spending. $1,205,272 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
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