Grand Rapids Initiative For Leaders
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 145,297 | 159,470 | −14,173 | 5.5 | — |
| 2012 | 250,342 | 213,054 | 37,288 | 6.2 | 64% |
| 2013 | 200,309 | 246,759 | −46,450 | 3.1 | 62% |
| 2014 | 258,676 | 281,731 | −23,055 | 1.7 | 65% |
| 2015 | 240,218 | 222,654 | 17,564 | 3.1 | 71% |
| 2016 | 227,330 | 241,845 | −14,515 | 2.2 | 70% |
| 2017 | 305,985 | 256,973 | 49,012 | 4.3 | 68% |
| 2018 | 148,480 | 184,646 | −36,166 | 3.7 | 59% |
| 2019 | 218,488 | 209,236 | 9,252 | 3.5 | 51% |
| 2020 | 258,393 | 224,743 | 33,650 | 9.6 | 51% |
| 2021 | 195,600 | 164,372 | 31,228 | 16.6 | 61% |
| 2022 | 211,059 | 211,671 | −612 | 12.2 | 53% |
| 2023 | 238,503 | 252,643 | −14,140 | 9.4 | 48% |
In its most recent public year (2023), this organization spent $14,140 more than it brought in. Its reserves stood at about 9.4 months of spending, up from 5.5 in 2011. Staff pay was 48% 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
Grand Rapids Initiative For Leaders'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