Gems Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 236,780 | 163,304 | 73,476 | 5.4 | 0% |
| 2015 | 561,387 | 567,773 | −6,386 | 1.4 | 6% |
| 2016 | 305,881 | 269,740 | 36,141 | 4.6 | 10% |
| 2017 | 305,881 | 269,740 | 36,141 | 4.6 | 10% |
| 2018 | 280,033 | 360,221 | −80,188 | 1.7 | 10% |
| 2019 | 384,366 | 315,691 | 68,675 | 4.6 | 10% |
| 2020 | 217,042 | 303,915 | −86,873 | 1.3 | 11% |
| 2021 | 187,241 | 155,249 | 31,992 | 5.0 | 18% |
| 2022 | 158,388 | 154,562 | 3,826 | 5.6 | 22% |
| 2023 | 105,693 | 138,749 | −33,056 | 3.4 | 16% |
In its most recent public year (2023), this organization spent $33,056 more than it brought in. Its reserves stood at about 3.4 months of spending, down from 5.4 in 2014. Staff pay was 16% 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
Gems Development 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