Groove With Me Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 553,108 | 400,899 | 152,209 | 16.0 | 40% |
| 2012 | 578,122 | 406,371 | 171,751 | 20.6 | 41% |
| 2013 | 562,185 | 365,668 | 196,517 | 29.3 | 45% |
| 2014 | 507,348 | 389,952 | 117,396 | 31.1 | 43% |
| 2015 | 528,539 | 388,886 | 139,653 | 35.5 | 46% |
| 2016 | 612,652 | 431,921 | 180,731 | 37.0 | 50% |
| 2017 | 736,168 | 464,123 | 272,045 | 41.4 | 48% |
| 2018 | 705,547 | 502,906 | 202,641 | 41.4 | 46% |
| 2019 | 690,508 | 452,233 | 238,275 | 54.9 | 47% |
| 2020 | 672,962 | 444,921 | 228,041 | 63.1 | 49% |
| 2021 | 889,894 | 375,794 | 514,100 | 92.6 | 44% |
| 2022 | 849,689 | 498,485 | 351,204 | 74.2 | 52% |
| 2023 | 1,291,992 | 695,225 | 596,767 | 65.0 | 45% |
In its most recent public year (2023), this organization brought in $596,767 more than it spent. Its reserves stood at about 65 months of spending, up from 16 in 2011. Staff pay was 45% of spending. $58,412 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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