Gratiot County Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 945,775 | 425,715 | 520,060 | 225.7 | 19% |
| 2012 | 1,674,265 | 1,745,520 | −71,255 | 61.2 | 5% |
| 2013 | 1,980,188 | 875,281 | 1,104,907 | 143.7 | 12% |
| 2014 | 1,585,542 | 534,193 | 1,051,349 | 259.3 | 22% |
| 2015 | 1,916,694 | 658,077 | 1,258,617 | 201.5 | 16% |
| 2016 | 1,142,240 | 738,919 | 403,321 | 196.0 | 13% |
| 2017 | 1,581,257 | 826,171 | 755,086 | 190.7 | 12% |
| 2018 | 1,357,374 | 845,401 | 511,973 | 195.0 | 13% |
| 2019 | 778,825 | 821,510 | −42,685 | 201.4 | 13% |
| 2020 | 1,216,937 | 797,541 | 419,396 | 220.7 | 17% |
| 2021 | 1,426,328 | 791,350 | 634,978 | 256.9 | 18% |
| 2022 | 1,181,707 | 998,007 | 183,700 | 170.0 | 14% |
| 2023 | 853,137 | 999,318 | −146,181 | 181.5 | 15% |
In its most recent public year (2023), this organization spent $146,181 more than it brought in. Its reserves stood at about 181.5 months of spending, down from 225.7 in 2011. Staff pay was 15% of spending. $136,638 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
Gratiot County Community Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works