Bishop Gorman Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,698,420 | 1,331,864 | 366,556 | 12.5 | 0% |
| 2021 | 2,816,340 | 1,214,399 | 1,601,941 | 29.5 | 0% |
| 2022 | 13,119,971 | 1,290,895 | 11,829,076 | 137.7 | 0% |
| 2023 | 7,893,541 | 1,670,378 | 6,223,163 | 151.1 | 0% |
In its most recent public year (2023), this organization brought in $6,223,163 more than it spent. Its reserves stood at about 151.1 months of spending, up from 12.5 in 2020. Staff pay was 0% of spending. $9,993,784 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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