everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Island Foundation Inc

Corpus Christi, TX / EIN 74-2710636 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20113,474,4393,419,60854,8317.353%
20123,615,6563,304,089311,5678.854%
20133,771,9013,390,149381,75210.057%
20144,063,2873,544,394518,89311.358%
20154,134,4043,895,322239,08210.24%
20164,367,4643,992,102375,36211.060%
20174,456,1094,095,440360,66911.852%
20185,149,5994,184,345965,25414.260%
20194,965,2334,476,102489,13113.162%
20205,181,0744,788,832392,24213.260%
20215,560,7664,984,651576,11514.159%
20225,407,9265,324,01883,90813.459%
20236,017,5515,562,744454,80713.857%

In its most recent public year (2023), this organization brought in $454,807 more than it spent. Its reserves stood at about 13.8 months of spending, up from 7.3 in 2011. Staff pay was 57% of spending. $2,831,297 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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