Gold Medal Karate Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 973,582 | 950,421 | 23,161 | -3.4 | 54% |
| 2012 | 1,307,205 | 849,016 | 458,189 | 0.0 | 58% |
| 2013 | 734,900 | 702,194 | 32,706 | -7.9 | 58% |
| 2014 | 1,758,462 | 729,608 | 1,028,854 | 14.5 | 52% |
| 2015 | 668,725 | 633,992 | 34,733 | -6.7 | 46% |
| 2016 | 547,979 | 547,356 | 623 | 1.6 | 48% |
| 2017 | 889,905 | 728,242 | 161,663 | 3.8 | 46% |
| 2018 | 919,612 | 856,815 | 62,797 | 4.1 | 32% |
| 2019 | 805,320 | 746,934 | 58,386 | -5.6 | 43% |
| 2020 | 1,389,785 | 1,129,643 | 260,142 | -0.9 | 46% |
| 2021 | 2,265,129 | 2,222,518 | 42,611 | -0.2 | 37% |
| 2022 | 2,271,279 | 1,968,758 | 302,521 | 1.6 | 49% |
| 2023 | 3,597,268 | 3,481,914 | 115,354 | 0.2 | 55% |
In its most recent public year (2023), this organization brought in $115,354 more than it spent. Its reserves stood at about 0.2 months of spending, up from -3.4 in 2011. Staff pay was 55% 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
Gold Medal Karate Inc'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