Gifted Education Foundation Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 30,235 | 0 | 30,235 | — | — |
| 2012 | 102,810 | 75,251 | 27,559 | 9.2 | — |
| 2013 | 217,606 | 201,009 | 16,597 | 4.4 | 50% |
| 2014 | 271,924 | 255,921 | 16,003 | 4.2 | 72% |
| 2015 | 332,898 | 352,312 | −19,414 | 2.4 | 56% |
| 2016 | 496,786 | 475,394 | 21,392 | 2.3 | 36% |
| 2017 | 392,667 | 376,270 | 16,397 | 3.5 | 41% |
| 2018 | 232,843 | 230,828 | 2,015 | 5.8 | 65% |
| 2019 | 134,853 | 190,286 | −55,433 | 2.2 | — |
| 2020 | 77,309 | 37,334 | 39,975 | 23.9 | — |
In its most recent public year (2020), this organization brought in $39,975 more than it spent. Its reserves stood at about 23.9 months 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 2020. 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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