Greater Galilee Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 151,889 | 127,154 | 24,735 | 63.5 | 0% |
| 2019 | 269,949 | 450,274 | −180,325 | 13.1 | 1% |
| 2020 | 251,554 | 405,604 | −154,050 | 10.2 | 11% |
| 2021 | 362,000 | 431,903 | −69,903 | 10.5 | 10% |
| 2022 | 399,100 | 433,800 | −34,700 | 9.5 | 8% |
| 2023 | 414,052 | 374,962 | 39,090 | 12.1 | 8% |
In its most recent public year (2023), this organization brought in $39,090 more than it spent. Its reserves stood at about 12.1 months of spending, down from 63.5 in 2018. Staff pay was 8% of spending. $35,000 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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