Greater Institute Of Financial Professionals
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 146,253 | 119,035 | 27,218 | 3.0 | — |
| 2022 | 592,694 | 624,472 | −31,778 | -0.0 | 15% |
| 2023 | 248,067 | 182,644 | 65,423 | 4.3 | 59% |
In its most recent public year (2023), this organization brought in $65,423 more than it spent. Its reserves stood at about 4.3 months of spending, up from 3 in 2020. Staff pay was 59% 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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