Gravenstein Schools Magnet Program Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 277,446 | 255,449 | 21,997 | 7.5 | 0% |
| 2012 | 315,653 | 320,546 | −4,893 | 5.8 | 0% |
| 2013 | 333,611 | 359,199 | −25,588 | 4.3 | 0% |
| 2014 | 362,408 | 367,094 | −4,686 | 4.1 | 0% |
| 2015 | 314,156 | 359,080 | −44,924 | 2.7 | 0% |
| 2016 | 330,391 | 347,549 | −17,158 | 2.2 | 0% |
| 2017 | 448,828 | 378,256 | 70,572 | 4.2 | 0% |
| 2018 | 392,600 | 283,500 | 109,100 | 10.3 | 0% |
| 2019 | 254,339 | 244,370 | 9,969 | 12.4 | 0% |
| 2020 | 428,575 | 210,802 | 217,773 | 26.8 | 0% |
| 2021 | 101,096 | 61,004 | 40,092 | 100.5 | 0% |
| 2022 | 249,041 | 221,376 | 27,665 | 29.2 | 0% |
| 2023 | 296,560 | 226,432 | 70,128 | 32.3 | 0% |
In its most recent public year (2023), this organization brought in $70,128 more than it spent. Its reserves stood at about 32.3 months of spending, up from 7.5 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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