Arete Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 110,042 | 22,092 | 87,950 | 47.8 | — |
| 2013 | 204,299 | 119,772 | 84,527 | 17.3 | 22% |
| 2014 | 413,511 | 458,496 | −44,985 | 3.7 | 25% |
| 2015 | 619,446 | 617,609 | 1,837 | 2.8 | 24% |
| 2016 | 688,767 | 748,600 | −59,833 | 1.3 | 30% |
| 2017 | 1,045,491 | 959,159 | 86,332 | 2.1 | 25% |
| 2018 | 1,193,513 | 822,067 | 371,446 | 7.9 | 21% |
| 2019 | 1,611,082 | 1,362,687 | 248,395 | 7.0 | 35% |
| 2020 | 1,509,408 | 1,616,737 | −107,329 | 4.8 | 54% |
| 2021 | 1,681,301 | 1,920,953 | −239,652 | 2.6 | 54% |
| 2022 | 692,847 | 658,225 | 34,622 | 8.1 | 61% |
| 2023 | 1,195,519 | 1,279,377 | −83,858 | 3.4 | 61% |
In its most recent public year (2023), this organization spent $83,858 more than it brought in. Its reserves stood at about 3.4 months of spending, down from 47.8 in 2012. Staff pay was 61% of spending. $147,872 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
Arete Education Inc's IRS filings as a feed — one entry per filing year, through 2023. 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