Great Lakes Boat Building School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 479,961 | 371,653 | 108,308 | 32.3 | 25% |
| 2012 | 659,882 | 567,078 | 92,804 | 23.1 | 16% |
| 2013 | 528,856 | 628,580 | −99,724 | 19.0 | 23% |
| 2014 | 686,890 | 671,980 | 14,910 | 17.9 | 26% |
| 2015 | 859,594 | 694,297 | 165,297 | 20.2 | 31% |
| 2016 | 752,232 | 757,531 | −5,299 | 18.4 | 35% |
| 2017 | 626,315 | 824,064 | −197,749 | 14.0 | 38% |
| 2018 | 600,862 | 827,230 | −226,368 | 10.7 | 47% |
| 2019 | 480,285 | 828,802 | −348,517 | 5.6 | 43% |
| 2020 | 1,060,891 | 802,801 | 258,090 | 10.0 | 35% |
| 2021 | 1,302,715 | 1,030,593 | 272,122 | 11.0 | 43% |
| 2022 | 617,151 | 623,290 | −6,139 | 18.0 | 46% |
| 2023 | 1,745,916 | 1,380,329 | 365,587 | 11.3 | 45% |
In its most recent public year (2023), this organization brought in $365,587 more than it spent. Its reserves stood at about 11.3 months of spending, down from 32.3 in 2011. Staff pay was 45% of spending. $850,920 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
Great Lakes Boat Building School'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