Global Reach Out Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 44,933 | −44,933 | 94.5 | — |
| 2017 | 103 | 29,229 | −29,126 | 133.3 | — |
| 2018 | 5 | 26,126 | −26,121 | 137.2 | — |
| 2019 | 35,947 | 56,851 | −20,904 | 58.6 | — |
In its most recent public year (2019), this organization spent $20,904 more than it brought in. Its reserves stood at about 58.6 months of spending, down from 94.5 in 2016.
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 2019. 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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