Institute For Financial Literacy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,679,132 | 2,693,645 | −14,513 | 4.7 | 44% |
| 2012 | 1,622,451 | 1,694,256 | −71,805 | 7.0 | 45% |
| 2013 | 687,952 | 924,286 | −236,334 | 9.8 | 54% |
| 2014 | 22,352 | 559,886 | −537,534 | 4.7 | 68% |
| 2015 | 216,762 | 276,056 | −59,294 | 6.9 | 54% |
| 2016 | 304,650 | 132,485 | 172,165 | 29.9 | 38% |
| 2017 | 174,906 | 146,422 | 28,484 | 29.4 | 38% |
| 2018 | 156,227 | 153,590 | 2,637 | 28.2 | 40% |
| 2019 | 191,125 | 174,702 | 16,423 | 25.9 | 40% |
| 2020 | 152,888 | 132,451 | 20,437 | 36.0 | 64% |
| 2021 | 153,749 | 121,050 | 32,699 | 42.7 | 65% |
| 2022 | 150,784 | 128,907 | 21,877 | 42.1 | 64% |
| 2023 | 280,801 | 219,656 | 61,145 | 28.1 | 42% |
In its most recent public year (2023), this organization brought in $61,145 more than it spent. Its reserves stood at about 28.1 months of spending, up from 4.7 in 2011. Staff pay was 42% 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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