Galesburg Public Schools Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 94,924 | 85,490 | 9,434 | 97.7 | 0% |
| 2012 | 91,158 | 81,053 | 10,105 | 104.5 | 0% |
| 2013 | 129,262 | 125,600 | 3,662 | 67.8 | 0% |
| 2014 | 106,840 | 101,352 | 5,488 | 84.7 | 0% |
| 2015 | 113,917 | 123,769 | −9,852 | 68.4 | 0% |
| 2016 | 86,518 | 84,427 | 2,091 | 100.4 | 0% |
| 2017 | 91,208 | 107,819 | −16,611 | 76.7 | 0% |
| 2018 | 109,831 | 89,132 | 20,699 | 96.4 | 0% |
| 2019 | 106,698 | 86,031 | 20,667 | 102.9 | 0% |
| 2020 | 115,257 | 66,081 | 49,176 | 144.8 | 0% |
| 2021 | 160,530 | 72,450 | 88,080 | 131.2 | 0% |
| 2022 | 52,612 | 59,767 | −7,155 | 138.4 | 0% |
| 2023 | 149,062 | 80,981 | 68,081 | 105.9 | 0% |
In its most recent public year (2023), this organization brought in $68,081 more than it spent. Its reserves stood at about 105.9 months of spending, up from 97.7 in 2011. Staff pay was 0% of spending. $95,765 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
Galesburg Public Schools Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works