Gio Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 148,992 | 144,625 | 4,367 | -0.4 | — |
| 2021 | 295,151 | 254,098 | 41,053 | 1.7 | 19% |
| 2022 | 197,945 | 291,826 | −93,881 | -2.1 | 30% |
| 2023 | 215,372 | 236,620 | −21,248 | -3.7 | 33% |
In its most recent public year (2023), this organization spent $21,248 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.7 months), down from -0.4 in 2020. Staff pay was 33% 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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