Grand Rapids Education Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 137,544 | 147,341 | −9,797 | 61.9 | 0% |
| 2012 | 162,882 | 173,292 | −10,410 | 53.2 | 40% |
| 2013 | 143,953 | 420,031 | −276,078 | 14.8 | 14% |
| 2014 | 128,303 | 154,784 | −26,481 | 43.1 | 34% |
| 2015 | 179,636 | 150,408 | 29,228 | 44.0 | 0% |
| 2016 | 135,839 | 129,412 | 6,427 | 49.9 | 0% |
| 2017 | 130,522 | 99,733 | 30,789 | 83.5 | 0% |
| 2018 | 164,441 | 121,980 | 42,461 | 72.5 | 0% |
| 2021 | 118,092 | 158,216 | −40,124 | 71.8 | 35% |
| 2022 | 95,950 | 137,422 | −41,472 | 70.0 | 43% |
| 2023 | 90,734 | 109,353 | −18,619 | 92.6 | 47% |
In its most recent public year (2023), this organization spent $18,619 more than it brought in. Its reserves stood at about 92.6 months of spending, up from 61.9 in 2011. Staff pay was 47% of spending.
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
Grand Rapids Education Association'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