Great Northwoods Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 70,079 | 68,477 | 1,602 | 18.8 | 0% |
| 2012 | −10,349 | 26,136 | −36,485 | 32.4 | 0% |
| 2013 | 11 | 0 | 11 | — | — |
| 2014 | 10 | 0 | 10 | — | — |
| 2015 | 10 | 0 | 10 | — | — |
| 2016 | 8 | 0 | 8 | — | — |
| 2017 | 7 | 0 | 7 | — | — |
| 2018 | 8 | 0 | 8 | — | — |
| 2019 | 7 | 0 | 7 | — | — |
| 2020 | 16,003 | 6,007 | 9,996 | 20.0 | — |
| 2021 | 54,768 | 48,374 | 6,394 | 7.6 | — |
| 2022 | 50,006 | 48,404 | 1,602 | 8.0 | — |
| 2023 | 40,004 | 51,446 | −11,442 | 4.9 | — |
In its most recent public year (2023), this organization spent $11,442 more than it brought in. Its reserves stood at about 4.9 months of spending, down from 18.8 in 2011.
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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