Grundy Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 80,300 | 113,693 | −33,393 | 16.8 | 18% |
| 2011 | 282,543 | 146,861 | 135,682 | 24.1 | 9% |
| 2012 | 87,656 | 79,552 | 8,104 | 44.4 | 20% |
| 2013 | 102,075 | 129,649 | −27,574 | 24.2 | 15% |
| 2014 | 103,511 | 92,703 | 10,808 | 35.3 | 17% |
| 2015 | 97,127 | 75,639 | 21,488 | 46.7 | 15% |
| 2016 | 102,753 | 76,738 | 26,015 | 50.1 | 16% |
| 2017 | 98,779 | 84,989 | 13,790 | 47.1 | 21% |
| 2018 | 101,549 | 99,690 | 1,859 | 40.4 | 24% |
| 2019 | 123,001 | 89,033 | 33,968 | 49.8 | 23% |
| 2020 | 118,633 | 83,923 | 34,710 | 57.8 | 22% |
| 2021 | 114,041 | 97,161 | 16,880 | 52.6 | 21% |
| 2022 | 108,826 | 113,727 | −4,901 | 47.1 | 26% |
| 2023 | 1,242,175 | 532,045 | 710,130 | 26.1 | 31% |
In its most recent public year (2023), this organization brought in $710,130 more than it spent. Its reserves stood at about 26.1 months of spending, up from 16.8 in 2010. Staff pay was 31% of spending. $728,838 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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