Glens Falls Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,252,859 | 539,695 | 713,164 | 296.5 | 9% |
| 2012 | 429,875 | 431,152 | −1,277 | 371.1 | 11% |
| 2013 | 2,329,081 | 523,330 | 1,805,751 | 347.2 | 10% |
| 2014 | 1,182,134 | 569,435 | 612,699 | 332.0 | 10% |
| 2015 | 691,620 | 510,118 | 181,502 | 374.9 | 11% |
| 2016 | 227,158 | 538,628 | −311,470 | 348.1 | 10% |
| 2017 | 1,101,236 | 547,010 | 554,226 | 421.5 | 12% |
| 2018 | 1,632,683 | 597,553 | 1,035,130 | 360.4 | 13% |
| 2019 | 3,596,576 | 537,941 | 3,058,635 | 452.2 | 12% |
| 2020 | 513,566 | 878,278 | −364,712 | 298.0 | 8% |
| 2021 | 2,010,467 | 755,558 | 1,254,909 | 397.8 | 0% |
| 2022 | 580,040 | 936,750 | −356,710 | 268.1 | 0% |
| 2023 | 1,198,350 | 1,138,329 | 60,021 | 248.4 | 0% |
In its most recent public year (2023), this organization brought in $60,021 more than it spent. Its reserves stood at about 248.4 months of spending, down from 296.5 in 2011. Staff pay was 0% of spending. $14,476,452 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
Glens Falls Foundation'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