Goddard College Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,178,765 | 8,823,864 | −645,099 | 7.4 | 67% |
| 2021 | 9,382,113 | 7,869,165 | 1,512,948 | 9.8 | 67% |
| 2022 | 8,877,850 | 8,750,849 | 127,001 | 8.8 | 50% |
| 2023 | 7,369,654 | 7,782,487 | −412,833 | 9.4 | 49% |
In its most recent public year (2023), this organization spent $412,833 more than it brought in. Its reserves stood at about 9.4 months of spending, up from 7.4 in 2020. Staff pay was 49% of spending. $1,272,961 of its net assets are donor-restricted.
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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