Galesburg- Augusta Community Schools Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 30,005 | 11,439 | 18,566 | 237.8 | — |
| 2018 | 65,168 | 20,286 | 44,882 | 236.6 | — |
| 2019 | 28,426 | 24,957 | 3,469 | 195.3 | — |
| 2022 | 78,478 | 27,268 | 51,210 | 213.2 | — |
| 2023 | 42,372 | 38,140 | 4,232 | 161.4 | 0% |
| 2024 | 39,508 | 29,819 | 9,689 | 225.9 | 0% |
In its most recent public year (2024), this organization brought in $9,689 more than it spent. Its reserves stood at about 225.9 months of spending, down from 237.8 in 2015. Staff pay was 0% 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 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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