Galen Gibson Scholarship Trust Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,587 | 31,246 | −13,659 | 23.3 | — |
| 2021 | 55,110 | 20,320 | 34,790 | 59.5 | — |
| 2022 | 40,115 | 52,986 | −12,871 | 17.8 | — |
| 2023 | 21,567 | 21,545 | 22 | 43.7 | — |
In its most recent public year (2023), this organization brought in $22 more than it spent. Its reserves stood at about 43.7 months of spending, up from 23.3 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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