Gothenburg Improvement Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 59,523 | 54,114 | 5,409 | 13.7 | 65% |
| 2012 | 57,936 | 63,895 | −5,959 | 10.5 | 57% |
| 2013 | 43,765 | 52,533 | −8,768 | 11.2 | 53% |
| 2014 | 83,324 | 64,973 | 18,351 | 13.8 | 64% |
| 2015 | 2,215,129 | 1,440,467 | 774,662 | 7.1 | 3% |
| 2016 | 170,660 | 757,362 | −586,702 | 3.4 | 0% |
| 2017 | 211,202 | 223,467 | −12,265 | 10.7 | 0% |
| 2018 | 149,261 | 223,187 | −73,926 | 6.8 | 0% |
| 2019 | 100,897 | 170,025 | −69,128 | 4.2 | 0% |
| 2020 | 399,216 | 317,397 | 81,819 | 5.3 | 0% |
| 2021 | 2,515,357 | 654,414 | 1,860,943 | 36.7 | 0% |
| 2022 | 734,336 | 2,036,660 | −1,302,324 | 4.1 | 0% |
| 2023 | 6,317,535 | 3,305,619 | 3,011,916 | 13.5 | 0% |
In its most recent public year (2023), this organization brought in $3,011,916 more than it spent. Its reserves stood at about 13.5 months of spending. 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
Gothenburg Improvement Company'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