Island School Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,155,465 | 377,761 | 777,704 | 343.4 | 0% |
| 2022 | 551,779 | 475,584 | 76,195 | 225.5 | 0% |
| 2023 | 492,332 | 498,724 | −6,392 | 230.4 | 0% |
| 2024 | 1,080,226 | 448,852 | 631,374 | 287.3 | 0% |
In its most recent public year (2024), this organization brought in $631,374 more than it spent. Its reserves stood at about 287.3 months of spending, down from 343.4 in 2021. Staff pay was 0% 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
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