Glsen Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 9,169,692 | 6,872,994 | 2,296,698 | 23.8 | 46% |
| 2022 | 8,016,006 | 8,064,779 | −48,773 | 20.2 | 44% |
| 2023 | 7,006,897 | 10,019,891 | −3,012,994 | 13.7 | 36% |
In its most recent public year (2023), this organization spent $3,012,994 more than it brought in. Its reserves stood at about 13.7 months of spending, down from 23.8 in 2021. Staff pay was 36% of spending. $4,337,394 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
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