Friends Of Grand Rapids Parks
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 322,567 | 318,105 | 4,462 | 9.1 | 25% |
| 2012 | 588,539 | 275,646 | 312,893 | 24.1 | 31% |
| 2013 | 176,758 | 313,557 | −136,799 | 16.2 | 46% |
| 2014 | 591,005 | 426,611 | 164,394 | 16.7 | 41% |
| 2015 | 347,679 | 403,498 | −55,819 | 16.1 | 49% |
| 2016 | 309,079 | 433,370 | −124,291 | 11.4 | 9% |
| 2017 | 251,172 | 481,869 | −230,697 | 4.8 | 14% |
| 2018 | 461,629 | 270,423 | 191,206 | 15.1 | 40% |
| 2019 | 421,133 | 528,869 | −107,736 | 5.6 | 45% |
| 2020 | 430,514 | 624,406 | −193,892 | 1.1 | 52% |
| 2021 | 780,095 | 627,757 | 152,338 | 4.4 | 56% |
| 2022 | 799,238 | 727,220 | 72,018 | 4.7 | 47% |
| 2023 | 719,225 | 804,281 | −85,056 | 3.6 | 44% |
In its most recent public year (2023), this organization spent $85,056 more than it brought in. Its reserves stood at about 3.6 months of spending, down from 9.1 in 2011. Staff pay was 44% of spending. $130,509 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
Friends Of Grand Rapids Parks'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