Guaranty Fund Management Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 7,059,580 | 7,979,005 | −919,425 | -8.2 | 45% |
| 2020 | 6,419,080 | 8,225,638 | −1,806,558 | -10.6 | 41% |
| 2021 | 6,554,035 | 5,104,158 | 1,449,877 | -13.7 | 69% |
| 2022 | 6,776,547 | 4,636,330 | 2,140,217 | -9.6 | 79% |
| 2023 | 7,619,305 | 6,760,174 | 859,131 | -5.0 | 57% |
In its most recent public year (2023), this organization brought in $859,131 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5 months), up from -8.2 in 2019. Staff pay was 57% 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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