Grandworks Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 98,571 | 93,228 | 5,343 | 1.7 | — |
| 2016 | 187,365 | 177,485 | 9,880 | 1.6 | — |
| 2017 | 283,197 | 133,616 | 149,581 | 12.0 | — |
| 2018 | 304,879 | 239,519 | 65,360 | 9.4 | 24% |
| 2019 | 282,229 | 254,210 | 28,019 | 10.2 | 28% |
| 2020 | 192,145 | 189,600 | 2,545 | 14.7 | 38% |
| 2021 | 715,917 | 324,411 | 391,506 | 23.1 | 30% |
| 2022 | 558,136 | 509,954 | 48,182 | 16.2 | 34% |
| 2023 | 1,109,200 | 560,233 | 548,967 | 26.7 | 34% |
In its most recent public year (2023), this organization brought in $548,967 more than it spent. Its reserves stood at about 26.7 months of spending, up from 1.7 in 2015. Staff pay was 34% 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
Grandworks 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