Transformed By Grace Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 101,802 | 87,548 | 14,254 | 12.8 | — |
| 2021 | 134,375 | 108,616 | 25,759 | 13.1 | — |
| 2022 | 160,174 | 110,015 | 50,159 | 18.4 | — |
| 2023 | 182,196 | 149,613 | 32,583 | 16.2 | — |
In its most recent public year (2023), this organization brought in $32,583 more than it spent. Its reserves stood at about 16.2 months of spending, up from 12.8 in 2020.
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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