Grand Rapids Christian Schools
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,534,299 | 24,222,867 | −3,688,568 | 26.7 | 46% |
| 2012 | 50,552,749 | 26,665,987 | 23,886,762 | 35.0 | 44% |
| 2013 | 23,274,462 | 23,905,495 | −631,033 | 38.3 | 48% |
| 2014 | 23,177,963 | 26,580,686 | −3,402,723 | 30.8 | 45% |
| 2015 | 24,929,191 | 26,286,367 | −1,357,176 | 30.6 | 45% |
| 2016 | 28,632,376 | 27,593,367 | 1,039,009 | 29.6 | 44% |
| 2017 | 26,438,427 | 28,375,024 | −1,936,597 | 28.0 | 43% |
| 2018 | 26,457,038 | 32,333,152 | −5,876,114 | 22.4 | 38% |
| 2019 | 26,656,837 | 28,387,657 | −1,730,820 | 24.7 | 44% |
| 2020 | 26,818,623 | 28,438,415 | −1,619,792 | 24.0 | 46% |
| 2021 | 35,710,692 | 34,394,462 | 1,316,230 | 20.3 | 39% |
| 2022 | 35,616,610 | 32,034,083 | 3,582,527 | 23.1 | 37% |
| 2023 | 38,306,513 | 36,396,132 | 1,910,381 | 20.9 | 35% |
| 2024 | 40,381,310 | 49,238,730 | −8,857,420 | 13.3 | 29% |
In its most recent public year (2024), this organization spent $8,857,420 more than it brought in. Its reserves stood at about 13.3 months of spending, down from 26.7 in 2011. Staff pay was 29% of spending. $423,071 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 2024. 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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