East Grand Rapids Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 40,480 | 41,297 | −817 | 41.6 | — |
| 2012 | 56,554 | 12,449 | 44,105 | 180.6 | — |
| 2013 | 89,641 | 7,046 | 82,595 | 459.8 | — |
| 2014 | 181,524 | 27,436 | 154,088 | 185.5 | — |
| 2015 | 45,645 | 281,428 | −235,783 | 8.0 | — |
| 2016 | 54,337 | 22,861 | 31,476 | 115.4 | — |
| 2017 | 67,213 | 22,489 | 44,724 | 141.1 | — |
| 2018 | 67,935 | 47,370 | 20,565 | 68.5 | — |
| 2019 | 64,782 | 36,729 | 28,053 | 105.2 | — |
| 2020 | 33,254 | 66,900 | −33,646 | 54.0 | — |
| 2021 | 67,111 | 30,197 | 36,914 | 146.7 | — |
| 2022 | 145,314 | 28,242 | 117,072 | 189.0 | — |
| 2023 | 35,502 | 27,101 | 8,401 | 212.6 | — |
In its most recent public year (2023), this organization brought in $8,401 more than it spent. Its reserves stood at about 212.6 months of spending, up from 41.6 in 2011.
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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