Project Gurnet & Bug Lights Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 112,094 | 59,135 | 52,959 | 173.5 | 0% |
| 2020 | 30,070 | 43,104 | −13,034 | 257.4 | 0% |
| 2021 | 80,154 | 54,780 | 25,374 | 208.1 | 0% |
| 2022 | 88,018 | 41,750 | 46,268 | 286.3 | 0% |
| 2023 | 85,522 | 70,958 | 14,564 | 168.0 | 6% |
In its most recent public year (2023), this organization brought in $14,564 more than it spent. Its reserves stood at about 168 months of spending, down from 173.5 in 2018. Staff pay was 6% 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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