Garrett Memorial Christian School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 601,294 | 537,512 | 63,782 | 1.4 | 70% |
| 2012 | 594,759 | 584,163 | 10,596 | 1.5 | 71% |
| 2016 | 791,066 | 799,758 | −8,692 | 0.0 | 55% |
| 2017 | 1,051,666 | 1,051,666 | 0 | 0.0 | 47% |
| 2018 | 879,874 | 879,874 | 0 | 0.0 | 64% |
| 2019 | 844,233 | 844,233 | 0 | 0.0 | 64% |
| 2020 | 693,087 | 698,970 | −5,883 | -0.1 | 59% |
| 2021 | 498,197 | 530,364 | −32,167 | 0.0 | 78% |
| 2022 | 691,321 | 737,419 | −46,098 | -0.8 | 0% |
| 2023 | 777,573 | 798,263 | −20,690 | 0.0 | 44% |
In its most recent public year (2023), this organization spent $20,690 more than it brought in. Its reserves stood at about 0 months of spending, down from 1.4 in 2011. Staff pay was 44% 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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