The Institute For Educational Advancement
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,286,168 | 1,667,570 | 618,598 | 65.7 | 63% |
| 2021 | 2,119,866 | 1,909,690 | 210,176 | 59.7 | 59% |
| 2022 | 2,037,361 | 2,193,305 | −155,944 | 48.0 | 54% |
| 2023 | 2,068,462 | 2,454,872 | −386,410 | 42.3 | 55% |
In its most recent public year (2023), this organization spent $386,410 more than it brought in. Its reserves stood at about 42.3 months of spending, down from 65.7 in 2020. Staff pay was 55% of spending. $4,226,299 of its net assets are donor-restricted.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works