Mike Geltrude Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,550 | 1,997 | 553 | 980.7 | 0% |
| 2021 | 1,151 | 25,980 | −24,829 | 63.9 | 0% |
| 2022 | 70,343 | 61,163 | 9,180 | 28.9 | 0% |
| 2023 | 103,363 | 77,434 | 25,929 | 26.9 | 0% |
In its most recent public year (2023), this organization brought in $25,929 more than it spent. Its reserves stood at about 26.9 months of spending, down from 980.7 in 2020. 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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