Gray Family Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — | — |
| 2012 | 530,000 | 510,770 | 19,230 | 0.5 | 0% |
| 2013 | 21,432,502 | 1,390,862 | 20,041,640 | 77.0 | 0% |
| 2014 | 2,730,873 | 2,151,953 | 578,920 | 47.6 | 0% |
| 2015 | 0 | 2,030,390 | −2,030,390 | 45.9 | 0% |
| 2016 | 144,260 | 2,364,872 | −2,220,612 | 15.8 | 0% |
| 2017 | 0 | 1,715,409 | −1,715,409 | 17.6 | 0% |
| 2018 | 0 | 1,992,115 | −1,992,115 | 11.4 | 0% |
| 2019 | 2,000 | 1,964,813 | −1,962,813 | 10.0 | 0% |
| 2020 | 302,718 | 2,712,325 | −2,409,607 | 5.7 | 0% |
| 2021 | 300,000 | 2,488,104 | −2,188,104 | 6.6 | 0% |
| 2022 | 301,422 | 3,739,366 | −3,437,944 | 3.0 | 0% |
| 2023 | 156,181 | 2,745,014 | −2,588,833 | 3.5 | 0% |
In its most recent public year (2023), this organization spent $2,588,833 more than it brought in. Its reserves stood at about 3.5 months of spending. Staff pay was 0% 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
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