Golden Valley Bank Communityfoundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 72,176 | 71,903 | 273 | 5.3 | — |
| 2012 | 104,343 | 91,556 | 12,787 | 5.9 | — |
| 2013 | 80,585 | 72,260 | 8,325 | 8.8 | — |
| 2014 | 143,650 | 133,218 | 10,432 | 5.7 | — |
| 2015 | 129,420 | 104,123 | 25,297 | 10.2 | — |
| 2016 | 182,422 | 162,021 | 20,401 | 8.1 | 0% |
| 2017 | 292,226 | 258,873 | 33,353 | 6.6 | 0% |
| 2018 | 5,432,169 | 1,036,498 | 4,395,671 | 52.5 | 0% |
| 2019 | 8,724,539 | 6,072,029 | 2,652,510 | 14.0 | 0% |
| 2020 | 656,772 | 3,714,712 | −3,057,940 | 13.0 | 0% |
| 2021 | 238,064 | 2,298,066 | −2,060,002 | 10.3 | 0% |
| 2022 | 352,585 | 584,473 | −231,888 | 35.7 | 0% |
| 2023 | 291,174 | 1,571,234 | −1,280,060 | 3.5 | 0% |
In its most recent public year (2023), this organization spent $1,280,060 more than it brought in. Its reserves stood at about 3.5 months of spending, down from 5.3 in 2011. Staff pay was 0% of spending. $400,848 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
Golden Valley Bank Communityfoundation'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