Grindstone Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 393,558 | 319,294 | 74,264 | 91.3 | 35% |
| 2012 | 392,750 | 313,116 | 79,634 | 99.9 | 36% |
| 2013 | 413,687 | 320,638 | 93,049 | 112.2 | 0% |
| 2014 | 409,377 | 357,741 | 51,636 | 108.4 | 0% |
| 2015 | 633,159 | 434,703 | 198,456 | 86.1 | 28% |
| 2016 | 409,228 | 385,408 | 23,820 | 101.7 | 32% |
| 2017 | 479,855 | 421,169 | 58,686 | 101.1 | 31% |
| 2018 | 575,423 | 403,364 | 172,059 | 101.7 | 34% |
| 2019 | 480,828 | 415,411 | 65,417 | 109.4 | 36% |
| 2020 | 384,294 | 400,564 | −16,270 | 130.0 | 43% |
| 2021 | 677,119 | 475,516 | 201,603 | 124.2 | 38% |
| 2022 | 673,810 | 522,456 | 151,354 | 98.5 | 39% |
| 2023 | 1,416,740 | 499,086 | 917,654 | 140.1 | 39% |
In its most recent public year (2023), this organization brought in $917,654 more than it spent. Its reserves stood at about 140.1 months of spending, up from 91.3 in 2011. Staff pay was 39% of spending. $4,774,906 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
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