Grand Rapids Area Community Fndtn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,202,841 | 1,301,182 | 901,659 | 111.0 | 11% |
| 2012 | 2,039,001 | 1,334,225 | 704,776 | 120.9 | 11% |
| 2013 | 2,848,212 | 1,603,999 | 1,244,213 | 117.7 | 10% |
| 2014 | 2,699,827 | 1,870,820 | 829,007 | 107.5 | 9% |
| 2015 | 4,048,444 | 1,658,969 | 2,389,475 | 122.5 | 10% |
| 2016 | 2,436,780 | 1,897,698 | 539,082 | 115.6 | 10% |
| 2017 | 3,833,762 | 1,669,809 | 2,163,953 | 148.0 | 12% |
| 2018 | 3,093,463 | 1,445,717 | 1,647,746 | 166.2 | 15% |
| 2019 | 2,966,967 | 1,836,291 | 1,130,676 | 157.4 | 13% |
| 2020 | 4,273,292 | 2,387,292 | 1,886,000 | 134.9 | 9% |
| 2021 | 4,006,320 | 1,876,287 | 2,130,033 | 195.7 | 14% |
| 2022 | 3,717,109 | 2,133,776 | 1,583,333 | 140.5 | 11% |
| 2023 | 3,093,747 | 1,681,236 | 1,412,511 | 199.2 | 11% |
In its most recent public year (2023), this organization brought in $1,412,511 more than it spent. Its reserves stood at about 199.2 months of spending, up from 111 in 2011. Staff pay was 11% of spending. $27,207,416 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
Grand Rapids Area Community Fndtn'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