Grindstone Lake Bible Camp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 199,337 | 186,874 | 12,463 | 31.1 | 40% |
| 2012 | 176,024 | 187,359 | −11,335 | 28.6 | 40% |
| 2013 | 158,441 | 186,537 | −28,096 | 28.6 | 44% |
| 2014 | 494,194 | 186,951 | 307,243 | 32.2 | 26% |
| 2015 | 281,096 | 492,805 | −211,709 | 13.2 | 10% |
| 2016 | 148,734 | 172,890 | −24,156 | 56.2 | 38% |
| 2017 | 177,818 | 182,781 | −4,963 | 51.8 | 40% |
| 2018 | 191,097 | 172,508 | 18,589 | 54.5 | 40% |
| 2019 | 179,186 | 201,838 | −22,652 | 46.1 | 35% |
| 2020 | 173,746 | 141,710 | 32,036 | 66.9 | 44% |
| 2021 | 225,572 | 211,252 | 14,320 | 46.4 | 35% |
| 2022 | 260,528 | 198,099 | 62,429 | 51.6 | 40% |
| 2023 | 188,628 | 222,046 | −33,418 | 42.8 | 32% |
In its most recent public year (2023), this organization spent $33,418 more than it brought in. Its reserves stood at about 42.8 months of spending, up from 31.1 in 2011. Staff pay was 32% 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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