Griffiss Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,191,014 | 16,557,888 | 633,126 | 1.9 | 19% |
| 2021 | 13,272,090 | 13,190,191 | 81,899 | 2.5 | 30% |
| 2022 | 16,897,734 | 16,716,597 | 181,137 | 2.1 | 28% |
| 2023 | 34,861,198 | 34,924,604 | −63,406 | 1.0 | 20% |
In its most recent public year (2023), this organization spent $63,406 more than it brought in. Its reserves stood at about 1 months of spending. Staff pay was 20% 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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