The Gem Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,054 | 271 | 7,783 | 344.6 | — |
| 2012 | 226,210 | 140,790 | 85,420 | 7.9 | 9% |
| 2013 | 277,658 | 275,427 | 2,231 | 4.2 | 3% |
| 2014 | 270,457 | 256,181 | 14,276 | 5.1 | 9% |
| 2015 | 513,436 | 311,221 | 202,215 | 12.0 | 14% |
| 2016 | 402,865 | 324,822 | 78,043 | 14.4 | 18% |
| 2017 | 736,771 | 380,886 | 355,885 | 23.5 | 16% |
| 2018 | 651,177 | 247,686 | 403,491 | 55.5 | 30% |
| 2019 | 1,057,080 | 1,792,244 | −735,164 | 2.8 | 4% |
| 2020 | 871,725 | 792,946 | 78,779 | 7.7 | 8% |
| 2021 | 946,731 | 1,005,979 | −59,248 | 5.3 | 6% |
| 2022 | 1,152,250 | 1,017,440 | 134,810 | 6.9 | 7% |
| 2023 | 1,081,116 | 944,449 | 136,667 | 9.1 | 8% |
In its most recent public year (2023), this organization brought in $136,667 more than it spent. Its reserves stood at about 9.1 months of spending, down from 344.6 in 2011. Staff pay was 8% 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
The Gem Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works