Great Lakes Recovery Centers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,003,403 | 8,399,527 | 603,876 | 4.0 | 64% |
| 2021 | 9,742,781 | 9,567,531 | 175,250 | 3.7 | 65% |
| 2022 | 11,468,210 | 10,198,307 | 1,269,903 | 4.3 | 66% |
| 2023 | 13,121,652 | 11,167,565 | 1,954,087 | 6.1 | 64% |
In its most recent public year (2023), this organization brought in $1,954,087 more than it spent. Its reserves stood at about 6.1 months of spending, up from 4 in 2020. Staff pay was 64% of spending. $31,471 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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