Gk Folks Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 77,401 | 73,477 | 3,924 | 0.8 | — |
| 2021 | 106,288 | 167,553 | −61,265 | -3.3 | — |
| 2023 | 282,813 | 258,062 | 24,751 | -1.7 | 1% |
In its most recent public year (2023), this organization brought in $24,751 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.7 months), down from 0.8 in 2020. Staff pay was 1% 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
Gk Folks 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