Gary Educational Development Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 508,986 | 150,888 | 358,098 | 325.1 | 13% |
| 2012 | 217,685 | 164,396 | 53,289 | 302.3 | 10% |
| 2013 | 1,801,592 | 235,581 | 1,566,011 | 238.6 | 36% |
| 2014 | 290,205 | 338,541 | −48,336 | 164.6 | 42% |
| 2015 | 192,348 | 419,567 | −227,219 | 126.3 | 28% |
| 2016 | 358,469 | 186,686 | 171,783 | 295.0 | 38% |
| 2017 | 656,341 | 208,541 | 447,800 | 289.8 | 0% |
| 2018 | 128,698 | 197,366 | −68,668 | 302.1 | 27% |
| 2019 | 581,268 | 194,255 | 387,013 | 33.1 | 47% |
| 2020 | 728,898 | 152,061 | 576,837 | 468.1 | 61% |
| 2021 | 811,670 | 159,204 | 652,466 | 516.2 | 57% |
| 2022 | 58,051 | 163,623 | −105,572 | 393.7 | 52% |
| 2023 | 628,854 | 211,843 | 417,011 | 327.7 | 45% |
In its most recent public year (2023), this organization brought in $417,011 more than it spent. Its reserves stood at about 327.7 months of spending, up from 325.1 in 2011. Staff pay was 45% of spending. $5,785,329 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
Gary Educational Development Foundation Inc'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