Global Recovery Initiatives Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 152,724 | 166,642 | −13,918 | 0.5 | 41% |
| 2020 | 411,524 | 507,894 | −96,370 | -2.1 | 25% |
| 2021 | 44,392 | 51,615 | −7,223 | -22.4 | — |
| 2022 | 16,623 | 22,379 | −5,756 | -54.8 | 0% |
| 2023 | 360,116 | 56,739 | 303,377 | 45.7 | 0% |
In its most recent public year (2023), this organization brought in $303,377 more than it spent. Its reserves stood at about 45.7 months of spending, up from 0.5 in 2019. Staff pay was 0% of spending. $148,033 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
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