Grand Haven Offshore Challenge Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 14,794 | 13,677 | 1,117 | 38.1 | — |
| 2012 | 12,523 | 19,398 | −6,875 | 22.6 | — |
| 2013 | 19,136 | 9,766 | 9,370 | 56.5 | — |
| 2014 | 17,675 | 10,776 | 6,899 | 58.9 | — |
| 2015 | 19,266 | 5,262 | 14,004 | 152.5 | — |
| 2016 | 12,222 | 10,502 | 1,720 | 78.4 | — |
| 2017 | 7,894 | 11,068 | −3,174 | 70.9 | — |
| 2018 | 2,058 | 13,317 | −11,259 | 48.8 | — |
| 2019 | 47,842 | 14,788 | 33,054 | 70.8 | — |
| 2020 | −600 | 2,674 | −3,274 | 376.7 | — |
| 2021 | 18,100 | 13,048 | 5,052 | 81.8 | — |
| 2022 | 24,400 | 18,266 | 6,134 | 62.5 | — |
| 2023 | 22,376 | 13,865 | 8,511 | 89.7 | — |
In its most recent public year (2023), this organization brought in $8,511 more than it spent. Its reserves stood at about 89.7 months of spending, up from 38.1 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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