Institute Of Financial Operations
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 2,116,327 | 3,332,794 | −1,216,467 | 13.0 | 33% |
| 2011 | 4,185,816 | 5,026,867 | −841,051 | 4.6 | 39% |
| 2012 | 786,921 | 1,526,100 | −739,179 | 8.3 | 47% |
| 2013 | 3,655,566 | 4,118,111 | −462,545 | 2.0 | 41% |
| 2014 | 2,641,430 | 2,977,429 | −335,999 | 0.9 | 36% |
| 2015 | 1,633,217 | 2,024,920 | −391,703 | -1.0 | 0% |
| 2016 | 586,810 | 481,004 | 105,806 | -1.7 | 0% |
| 2017 | 317,538 | 289,300 | 28,238 | -1.6 | 0% |
| 2018 | 307,286 | 315,613 | −8,327 | -1.8 | 0% |
| 2019 | 259,461 | 279,013 | −19,552 | -2.9 | 0% |
| 2020 | 183,100 | 143,894 | 39,206 | -3.3 | 33% |
| 2021 | 135,871 | 122,202 | 13,669 | -2.5 | 44% |
| 2022 | 98,353 | 94,514 | 3,839 | -2.7 | 54% |
In its most recent public year (2022), this organization brought in $3,839 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.7 months), down from 13 in 2009. Staff pay was 54% of spending.
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 2022. 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
Institute Of Financial Operations's IRS filings as a feed — one entry per filing year, through 2022. 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