Ipc Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 250,000 | 0 | 250,000 | — | — |
| 2019 | 402,727 | 772,478 | −369,751 | -1.9 | 53% |
| 2020 | 24,097 | 498,875 | −474,778 | -14.3 | 49% |
| 2021 | 257,375 | 479,641 | −222,266 | -20.4 | 64% |
| 2022 | 279,478 | 598,931 | −319,453 | -22.8 | 68% |
| 2023 | 284,283 | 608,773 | −324,490 | -28.8 | 63% |
In its most recent public year (2023), this organization spent $324,490 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-28.8 months). Staff pay was 63% 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
Ipc Education Foundation'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