Global Gifts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 870,787 | 862,078 | 8,709 | 6.7 | 53% |
| 2020 | 652,867 | 942,644 | −289,777 | 2.5 | 54% |
| 2021 | 1,116,551 | 1,040,710 | 75,841 | 3.1 | 52% |
| 2022 | 1,014,951 | 954,490 | 60,461 | 4.1 | 53% |
| 2023 | 80,332 | 451,746 | −371,414 | -1.1 | 48% |
In its most recent public year (2023), this organization spent $371,414 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.1 months), down from 6.7 in 2019. Staff pay was 48% 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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