Garland Memorial Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 111,593 | 85,869 | 25,724 | 222.9 | 0% |
| 2021 | 184,033 | 92,729 | 91,304 | 220.2 | 0% |
| 2022 | −61,008 | 81,661 | −142,669 | 183.5 | 0% |
| 2023 | 66,240 | 69,926 | −3,686 | 235.4 | 0% |
In its most recent public year (2023), this organization spent $3,686 more than it brought in. Its reserves stood at about 235.4 months of spending, up from 222.9 in 2020. 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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