Government Finance Officers Assn Of The United States & Canada
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 12,964,931 | 11,541,632 | 1,423,299 | 17.7 | 38% |
| 2013 | 14,757,898 | 13,568,694 | 1,189,204 | 17.2 | 35% |
| 2014 | 14,590,262 | 14,030,605 | 559,657 | 18.8 | 34% |
| 2015 | 14,053,219 | 12,963,074 | 1,090,145 | 22.8 | 37% |
| 2016 | 14,685,474 | 33,430,668 | −18,745,194 | 2.1 | 15% |
| 2017 | 13,993,843 | 13,592,981 | 400,862 | 5.8 | 38% |
| 2018 | 16,426,311 | 16,056,941 | 369,370 | 5.5 | 36% |
| 2019 | 16,236,948 | 16,609,484 | −372,536 | 5.3 | 38% |
| 2020 | 17,997,342 | 18,019,314 | −21,972 | 4.6 | 38% |
| 2021 | 16,113,424 | 14,791,361 | 1,322,063 | 5.9 | 53% |
| 2022 | 17,942,494 | 17,006,935 | 935,559 | 6.0 | 47% |
| 2023 | 19,773,077 | 20,463,426 | −690,349 | 4.1 | 43% |
In its most recent public year (2023), this organization spent $690,349 more than it brought in. Its reserves stood at about 4.1 months of spending, down from 17.7 in 2012. Staff pay was 43% of spending. $1,337,931 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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