Innovate Academy & Preparatory School Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 177,901 | 198,366 | −20,465 | -1.2 | — |
| 2020 | 823,435 | 573,117 | 250,318 | 4.8 | 54% |
| 2021 | 461,809 | 583,966 | −122,157 | 3.0 | 52% |
| 2022 | 1,853,476 | 1,739,175 | 114,301 | 1.8 | 55% |
| 2023 | 3,061,252 | 3,152,004 | −90,752 | 0.7 | 53% |
In its most recent public year (2023), this organization spent $90,752 more than it brought in. Its reserves stood at about 0.7 months of spending, up from -1.2 in 2019. Staff pay was 53% 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
Innovate Academy & Preparatory School Corp'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