Innovation For Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 7,500 | 1,530 | 5,970 | 46.8 | — |
| 2020 | 50,500 | 40,302 | 10,198 | 3.0 | — |
| 2021 | 44,020 | 45,704 | −1,684 | 2.2 | — |
In its most recent public year (2021), this organization spent $1,684 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 46.8 in 2019.
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 2021. 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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