Good Business Colorado
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 523,007 | 491,163 | 31,844 | 0.8 | 45% |
| 2021 | 475,506 | 430,320 | 45,186 | 2.1 | 56% |
| 2022 | 648,817 | 457,335 | 191,482 | 7.0 | 39% |
In its most recent public year (2022), this organization brought in $191,482 more than it spent. Its reserves stood at about 7 months of spending, up from 0.8 in 2020. Staff pay was 39% 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 2022. 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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