Great Lakes Training & Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,076,100 | 2,885,647 | 190,453 | -33.2 | 6% |
| 2012 | 13,067,784 | 1,593,101 | 11,474,683 | 26.4 | 35% |
| 2013 | 1,666,746 | 1,474,584 | 192,162 | 30.1 | 44% |
| 2014 | 1,628,495 | 1,463,237 | 165,258 | 31.6 | 47% |
| 2015 | 1,593,004 | 1,443,863 | 149,141 | 33.3 | 49% |
| 2016 | 1,556,421 | 1,370,004 | 186,417 | 36.8 | 49% |
| 2017 | 1,490,858 | 1,389,845 | 101,013 | 37.3 | 48% |
| 2018 | 1,569,160 | 1,404,047 | 165,113 | 38.4 | 47% |
| 2019 | 1,674,685 | 1,343,477 | 331,208 | 42.2 | 43% |
| 2020 | 1,106,120 | 866,188 | 239,932 | 68.8 | 44% |
| 2021 | 957,980 | 843,916 | 114,064 | 73.0 | 41% |
| 2022 | 1,031,411 | 887,311 | 144,100 | 72.2 | 38% |
| 2023 | 1,092,497 | 1,044,348 | 48,149 | 62.8 | 39% |
In its most recent public year (2023), this organization brought in $48,149 more than it spent. Its reserves stood at about 62.8 months of spending, up from -33.2 in 2011. Staff pay was 39% 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 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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