Grand Rapids Downtown Market Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 217,998 | 277,573 | −59,575 | -2.6 | 0% |
| 2015 | 603,090 | 499,993 | 103,097 | 1.0 | 0% |
| 2016 | 417,500 | 465,400 | −47,900 | -0.1 | 0% |
| 2017 | 308,462 | 309,615 | −1,153 | -0.2 | 0% |
| 2018 | 514,165 | 516,688 | −2,523 | -0.2 | 0% |
| 2019 | 831,172 | 834,206 | −3,034 | -0.2 | 0% |
| 2020 | 677,621 | 664,006 | 13,615 | 0.0 | 0% |
| 2021 | 1,653,390 | 701,666 | 951,724 | 16.3 | 0% |
| 2022 | 990,749 | 853,180 | 137,569 | 15.4 | 0% |
| 2023 | 1,947,028 | 1,800,116 | 146,912 | 8.3 | 0% |
In its most recent public year (2023), this organization brought in $146,912 more than it spent. Its reserves stood at about 8.3 months of spending, up from -2.6 in 2014. 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
Grand Rapids Downtown Market Education Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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