Grace Education & Business Community Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 149,159 | 136,952 | 12,207 | 2.8 | — |
| 2021 | 212,476 | 176,217 | 36,259 | 0.0 | 0% |
| 2022 | 165,109 | 259,541 | −94,432 | -2.0 | — |
| 2023 | 201,797 | 173,876 | 27,921 | 1.7 | 53% |
In its most recent public year (2023), this organization brought in $27,921 more than it spent. Its reserves stood at about 1.7 months of spending, down from 2.8 in 2020. Staff pay was 53% 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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