Advertising Federation Of Grand Rapids
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 105,929 | 101,233 | 4,696 | 1.5 | — |
| 2012 | 80,264 | 75,931 | 4,333 | 3.5 | — |
| 2013 | 76,823 | 74,096 | 2,727 | 4.0 | — |
| 2014 | 65,336 | 74,696 | −9,360 | 2.5 | — |
| 2015 | 63,038 | 67,006 | −3,968 | 2.1 | — |
| 2016 | 56,806 | 58,367 | −1,561 | 2.0 | — |
| 2017 | 53,656 | 49,928 | 3,728 | 3.3 | — |
| 2018 | 66,610 | 50,602 | 16,008 | 7.0 | — |
| 2019 | 44,308 | 53,809 | −9,501 | 4.5 | — |
| 2023 | 39,037 | 39,345 | −308 | 1.7 | — |
| 2024 | 43,229 | 36,832 | 6,397 | 3.9 | — |
In its most recent public year (2024), this organization brought in $6,397 more than it spent. Its reserves stood at about 3.9 months of spending, up from 1.5 in 2010.
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 2024. 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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