Instituto De Educacion Practica Del Colegio De Abogados De Puerto Rico
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 340,225 | 395,800 | −55,575 | 17.3 | 39% |
| 2022 | 379,653 | 395,830 | −16,177 | 17.6 | 39% |
| 2023 | 332,515 | 407,928 | −75,413 | 14.7 | 38% |
In its most recent public year (2023), this organization spent $75,413 more than it brought in. Its reserves stood at about 14.7 months of spending, down from 17.3 in 2021. Staff pay was 38% 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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