Gk 1 World Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,204,754 | 990,903 | 213,851 | 5.3 | 4% |
| 2012 | 1,311,970 | 1,030,972 | 280,998 | 8.1 | 2% |
| 2013 | 1,622,131 | 1,059,806 | 562,325 | 14.2 | 4% |
| 2014 | 2,025,708 | 1,728,981 | 296,727 | 10.8 | 2% |
| 2015 | 954,858 | 1,228,757 | −273,899 | 12.5 | 2% |
| 2016 | 1,081,149 | 1,560,682 | −479,533 | 6.2 | 3% |
| 2017 | 932,725 | 708,377 | 224,348 | 17.4 | 7% |
| 2018 | 303,909 | 570,605 | −266,696 | 16.0 | 9% |
| 2019 | 395,810 | 425,795 | −29,985 | 20.6 | 11% |
| 2020 | 793,233 | 880,491 | −87,258 | 8.8 | 6% |
| 2021 | 1,431,271 | 941,686 | 489,585 | 14.4 | 6% |
| 2022 | 845,495 | 1,145,158 | −299,663 | 8.7 | 5% |
| 2023 | 1,026,207 | 1,123,153 | −96,946 | 7.9 | 7% |
In its most recent public year (2023), this organization spent $96,946 more than it brought in. Its reserves stood at about 7.9 months of spending, up from 5.3 in 2011. Staff pay was 7% of spending. $627,090 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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