Grosse Pointe Youth Nautical Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 75,899 | 80,374 | −4,475 | 17.6 | — |
| 2012 | 212,830 | 141,456 | 71,374 | 16.5 | 0% |
| 2013 | 199,410 | 116,703 | 82,707 | 30.2 | 0% |
| 2014 | 186,506 | 100,659 | 85,847 | 45.5 | 0% |
| 2015 | 168,425 | 123,611 | 44,814 | 39.8 | 0% |
| 2016 | 201,181 | 135,751 | 65,430 | 42.0 | 0% |
| 2017 | 174,517 | 138,554 | 35,963 | 48.7 | 0% |
| 2018 | 200,403 | 145,766 | 54,637 | 48.9 | 0% |
| 2019 | 163,095 | 117,713 | 45,382 | 69.9 | 0% |
| 2020 | 136,502 | 63,417 | 73,085 | 141.9 | 0% |
| 2021 | 191,042 | 88,139 | 102,903 | 130.2 | 0% |
| 2022 | 72,748 | 84,263 | −11,515 | 113.0 | 0% |
| 2023 | 95,610 | 245,712 | −150,102 | 32.6 | 0% |
In its most recent public year (2023), this organization spent $150,102 more than it brought in. Its reserves stood at about 32.6 months of spending, up from 17.6 in 2011. Staff pay was 0% 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
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