Gvec Charitable Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 177,056 | 1,797 | 175,259 | 1170.3 | — |
| 2012 | 356,621 | 355,052 | 1,569 | 6.0 | 0% |
| 2013 | 357,830 | 391,983 | −34,153 | 4.4 | 0% |
| 2014 | 399,717 | 370,213 | 29,504 | 5.6 | 0% |
| 2015 | 358,028 | 351,304 | 6,724 | 6.1 | 0% |
| 2016 | 380,826 | 386,872 | −6,046 | 5.4 | 0% |
| 2017 | 379,207 | 414,535 | −35,328 | 4.0 | 0% |
| 2018 | 359,575 | 328,213 | 31,362 | 6.2 | 0% |
| 2019 | 361,987 | 378,800 | −16,813 | 4.8 | 0% |
| 2020 | 368,224 | 368,756 | −532 | 4.9 | 0% |
| 2021 | 368,730 | 355,294 | 13,436 | 5.6 | 0% |
| 2022 | 367,341 | 400,895 | −33,554 | 3.9 | 0% |
| 2023 | 389,082 | 341,999 | 47,083 | 6.3 | 0% |
In its most recent public year (2023), this organization brought in $47,083 more than it spent. Its reserves stood at about 6.3 months of spending, down from 1170.3 in 2011. 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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