everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Greater Gratiot Development Inc

Ithaca, MI / EIN 38-2221284 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011427,111459,934−32,82349.243%
2012428,692377,71950,97361.652%
2013450,135380,52269,61363.351%
2014591,253448,030143,22357.649%
2015498,922439,14859,77460.452%
2016477,769409,54068,22966.763%
2017528,751547,961−19,21049.559%
2018468,794427,01841,77664.657%
2019473,945398,43575,51071.666%
2020485,502396,56788,93574.663%
2021497,912411,61286,30074.467%
2022531,888438,75893,13072.365%
2023576,014475,671100,34369.266%

In its most recent public year (2023), this organization brought in $100,343 more than it spent. Its reserves stood at about 69.2 months of spending, up from 49.2 in 2011. Staff pay was 66% of spending. $1,903 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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