Grand Haven Christian School Endowment Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 101,538 | 110,772 | −9,234 | 205.4 | 0% |
| 2016 | 186,137 | 118,991 | 67,146 | 198.0 | 0% |
| 2017 | 169,192 | 118,530 | 50,662 | 203.9 | 0% |
| 2018 | 170,740 | 125,475 | 45,265 | 197.0 | 0% |
| 2019 | 461,221 | 138,419 | 322,802 | 206.5 | 0% |
| 2020 | 272,695 | 145,759 | 126,936 | 206.6 | 0% |
| 2021 | 542,214 | 166,823 | 375,391 | 205.6 | 0% |
| 2022 | 489,961 | 185,598 | 304,363 | 204.5 | 0% |
| 2023 | 1,060,967 | 189,095 | 871,872 | 256.0 | 0% |
In its most recent public year (2023), this organization brought in $871,872 more than it spent. Its reserves stood at about 256 months of spending, up from 205.4 in 2015. 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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