Great Lakes Colleges Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,729,106 | 3,229,631 | 1,499,475 | 55.6 | 43% |
| 2012 | 2,013,081 | 3,295,615 | −1,282,534 | 48.7 | 38% |
| 2013 | 5,209,972 | 3,084,545 | 2,125,427 | 65.0 | 41% |
| 2014 | 2,379,298 | 2,249,431 | 129,867 | 95.4 | 48% |
| 2015 | 2,417,394 | 2,517,535 | −100,141 | 81.3 | 38% |
| 2016 | 7,559,383 | 2,368,214 | 5,191,169 | 107.3 | 36% |
| 2017 | 1,366,670 | 3,082,065 | −1,715,395 | 80.9 | 27% |
| 2018 | 2,062,353 | 3,077,177 | −1,014,824 | 77.2 | 28% |
| 2019 | 1,679,462 | 2,796,810 | −1,117,348 | 79.9 | 28% |
| 2020 | 1,817,173 | 2,356,758 | −539,585 | 90.8 | 35% |
| 2021 | 2,158,041 | 1,543,116 | 614,925 | 163.2 | 49% |
| 2022 | 2,082,213 | 1,687,350 | 394,863 | 126.6 | 47% |
| 2023 | 1,797,698 | 2,110,555 | −312,857 | 102.6 | 33% |
In its most recent public year (2023), this organization spent $312,857 more than it brought in. Its reserves stood at about 102.6 months of spending, up from 55.6 in 2011. Staff pay was 33% of spending. $11,378,274 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
Great Lakes Colleges Association Inc'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