Grand Prix Foundation Of Long Beach Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 73,140 | 97,588 | −24,448 | -5.9 | — |
| 2012 | 80,683 | 64,916 | 15,767 | -5.9 | — |
| 2013 | 77,870 | 20,878 | 56,992 | 14.4 | — |
| 2014 | 110,196 | 128,574 | −18,378 | 0.6 | — |
| 2015 | 40,651 | 13,875 | 26,776 | 28.9 | — |
| 2016 | 117,127 | 60,493 | 56,634 | 17.9 | — |
| 2017 | 1,498 | 25,486 | −23,988 | 31.1 | — |
| 2018 | 10,131 | 36,482 | −26,351 | 13.0 | — |
| 2019 | 29,898 | 17,441 | 12,457 | 35.9 | — |
| 2020 | 24,771 | 41,839 | −17,068 | 10.1 | — |
| 2021 | 19,687 | 11,167 | 8,520 | 46.8 | — |
| 2022 | 41,818 | 1,627 | 40,191 | 617.9 | — |
| 2023 | 18,593 | 31,756 | −13,163 | 26.7 | — |
In its most recent public year (2023), this organization spent $13,163 more than it brought in. Its reserves stood at about 26.7 months of spending, up from -5.9 in 2011.
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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