Grace Science Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,454,180 | 1,452,901 | 1,279 | 23.8 | 0% |
| 2021 | 1,327,113 | 1,113,132 | 213,981 | 33.4 | 0% |
| 2022 | 1,236,228 | 1,218,482 | 17,746 | 30.8 | 0% |
| 2023 | 826,626 | 1,289,174 | −462,548 | 25.6 | 0% |
In its most recent public year (2023), this organization spent $462,548 more than it brought in. Its reserves stood at about 25.6 months of spending, up from 23.8 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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