Garrett Mentors Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 59,720 | 62,462 | −2,742 | 15.3 | — |
| 2020 | 62,531 | 62,533 | −2 | 15.3 | — |
| 2021 | 72,647 | 66,213 | 6,434 | 15.6 | — |
| 2022 | 69,609 | 93,656 | −24,047 | 7.9 | — |
| 2023 | 67,598 | 88,278 | −20,680 | 5.6 | — |
In its most recent public year (2023), this organization spent $20,680 more than it brought in. Its reserves stood at about 5.6 months of spending, down from 15.3 in 2019.
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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