Korda Institute For Teaching
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 332,530 | 186,949 | 145,581 | 9.3 | 38% |
| 2018 | 384,407 | 185,105 | 199,302 | 22.4 | 44% |
| 2019 | 538,969 | 403,401 | 135,568 | 14.3 | 40% |
| 2020 | 757,216 | 605,026 | 152,190 | 12.5 | 57% |
| 2021 | 762,852 | 803,191 | −40,339 | 8.8 | 61% |
| 2022 | 918,473 | 961,217 | −42,744 | 6.9 | 61% |
| 2023 | 1,234,356 | 893,456 | 340,900 | 12.0 | 62% |
| 2024 | 1,289,536 | 1,033,795 | 255,741 | 13.3 | 66% |
In its most recent public year (2024), this organization brought in $255,741 more than it spent. Its reserves stood at about 13.3 months of spending, up from 9.3 in 2017. Staff pay was 66% 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 2024. 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
Korda Institute For Teaching's IRS filings as a feed — one entry per filing year, through 2024. 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