Grand Rapids Early Discovery
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 476,028 | 469,189 | 6,839 | 0.2 | 9% |
| 2014 | 494,615 | 521,897 | −27,282 | -0.5 | 64% |
| 2015 | 589,353 | 579,449 | 9,904 | -0.2 | 66% |
| 2016 | 625,491 | 627,216 | −1,725 | -0.3 | 63% |
| 2017 | 836,516 | 792,014 | 44,502 | 0.4 | 75% |
| 2020 | 858,483 | 914,177 | −55,694 | -0.5 | 71% |
| 2021 | 893,800 | 988,414 | −94,614 | -1.6 | 71% |
| 2022 | 1,674,482 | 1,379,290 | 295,192 | 1.4 | 71% |
| 2023 | 1,925,909 | 1,815,529 | 110,380 | 1.8 | 72% |
| 2024 | 1,561,300 | 1,739,328 | −178,028 | 0.6 | 71% |
In its most recent public year (2024), this organization spent $178,028 more than it brought in. Its reserves stood at about 0.6 months of spending. Staff pay was 71% 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 2024. 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
Grand Rapids Early Discovery's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works