Great Lakes Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 405,205 | 301,669 | 103,536 | 6.5 | 0% |
| 2014 | 245,000 | 344,587 | −99,587 | 2.3 | 84% |
| 2015 | 302,150 | 363,205 | −61,055 | 0.1 | 68% |
| 2016 | 535,000 | 500,429 | 34,571 | 0.9 | 43% |
| 2017 | 375,000 | 312,878 | 62,122 | 3.9 | 52% |
| 2018 | 292,500 | 278,339 | 14,161 | 4.9 | 0% |
| 2019 | 512,700 | 259,808 | 252,892 | 5.1 | 0% |
| 2020 | 177,500 | 243,402 | −65,902 | 2.2 | 0% |
| 2021 | 200,000 | 185,536 | 14,464 | 3.9 | 12% |
| 2022 | 350,500 | 362,870 | −12,370 | 1.6 | 2% |
| 2023 | 550,100 | 209,728 | 340,372 | 22.2 | 6% |
In its most recent public year (2023), this organization brought in $340,372 more than it spent. Its reserves stood at about 22.2 months of spending, up from 6.5 in 2013. Staff pay was 6% 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
Great Lakes Education Foundation'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