Grasse River Heritage Area Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 26,285 | 86,263 | −59,978 | 99.2 | 0% |
| 2012 | 18,198 | 81,256 | −63,058 | 96.0 | 0% |
| 2013 | 47,005 | 79,652 | −32,647 | 93.0 | 0% |
| 2014 | 97,990 | 82,839 | 15,151 | 91.6 | 0% |
| 2015 | 27,070 | 77,528 | −50,458 | 90.1 | 0% |
| 2016 | 26,172 | 41,451 | −15,279 | 262.7 | 0% |
| 2017 | 29,610 | 33,549 | −3,939 | 323.1 | 0% |
| 2018 | 80,104 | 31,885 | 48,219 | 358.2 | 0% |
| 2019 | 33,802 | 44,025 | −10,223 | 256.6 | 0% |
| 2020 | 38,667 | 37,830 | 837 | 311.4 | 0% |
| 2021 | 33,302 | 22,315 | 10,987 | 542.8 | 0% |
| 2022 | 29,744 | 37,200 | −7,456 | 314.4 | 0% |
| 2023 | 29,429 | 23,884 | 5,545 | 498.2 | 0% |
In its most recent public year (2023), this organization brought in $5,545 more than it spent. Its reserves stood at about 498.2 months of spending, up from 99.2 in 2011. Staff pay was 0% of spending.
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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