Guilford Charter Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,984,313 | 6,979,737 | 4,576 | 0.1 | 32% |
| 2021 | 7,429,790 | 7,395,250 | 34,540 | 0.1 | 31% |
| 2022 | 7,903,902 | 7,893,519 | 10,383 | 0.1 | 32% |
| 2023 | 8,573,038 | 8,595,080 | −22,042 | 0.1 | 31% |
In its most recent public year (2023), this organization spent $22,042 more than it brought in. Its reserves stood at about 0.1 months of spending. Staff pay was 31% 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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