Connecticut Association Of Independent Schools Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 750,043 | 810,341 | −60,298 | 17.1 | 61% |
| 2021 | 804,468 | 769,408 | 35,060 | 23.0 | 69% |
| 2022 | 932,802 | 895,100 | 37,702 | 16.4 | 63% |
| 2023 | 1,041,583 | 1,089,423 | −47,840 | 13.9 | 49% |
In its most recent public year (2023), this organization spent $47,840 more than it brought in. Its reserves stood at about 13.9 months of spending, down from 17.1 in 2020. Staff pay was 49% 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 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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