Grinnell College Medical Benefit Plan Trust Agreement
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,889,502 | 9,077,713 | 811,789 | 14.5 | 0% |
| 2021 | 9,791,771 | 9,598,998 | 192,773 | 14.0 | 0% |
| 2022 | 10,252,534 | 10,301,542 | −49,008 | 13.0 | 0% |
| 2023 | 11,654,708 | 11,230,082 | 424,626 | 12.3 | 0% |
In its most recent public year (2023), this organization brought in $424,626 more than it spent. Its reserves stood at about 12.3 months of spending, down from 14.5 in 2020. Staff pay was 0% 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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