The Greenville Area Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,746,259 | 1,883,742 | −137,483 | 267.2 | 12% |
| 2021 | 2,898,104 | 1,339,243 | 1,558,861 | 427.6 | 17% |
| 2022 | 3,843,986 | 3,574,204 | 269,782 | 126.4 | 7% |
| 2023 | 2,285,627 | 1,900,468 | 385,159 | 269.7 | 13% |
In its most recent public year (2023), this organization brought in $385,159 more than it spent. Its reserves stood at about 269.7 months of spending, up from 267.2 in 2020. Staff pay was 13% of spending. $910,271 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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