Goldey Beacom College Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 29,361,589 | 21,476,770 | 7,884,819 | 42.2 | 27% |
| 2013 | 31,394,199 | 23,023,783 | 8,370,416 | 45.4 | 25% |
| 2014 | 41,685,074 | 27,207,569 | 14,477,505 | 47.1 | 28% |
| 2015 | 44,875,448 | 28,590,601 | 16,284,847 | 50.8 | 22% |
| 2016 | 43,035,248 | 30,378,917 | 12,656,331 | 52.8 | 21% |
| 2017 | 44,421,534 | 33,918,889 | 10,502,645 | 54.8 | 21% |
| 2018 | 46,887,644 | 35,686,550 | 11,201,094 | 58.1 | 20% |
| 2019 | 41,174,469 | 35,283,887 | 5,890,582 | 63.4 | 21% |
| 2020 | 38,163,949 | 33,799,669 | 4,364,280 | 68.9 | 23% |
| 2021 | 43,134,922 | 36,498,338 | 6,636,584 | 76.1 | 21% |
| 2022 | 32,727,269 | 27,004,539 | 5,722,730 | 89.3 | 30% |
| 2023 | 32,095,791 | 26,631,819 | 5,463,972 | 93.4 | 30% |
In its most recent public year (2023), this organization brought in $5,463,972 more than it spent. Its reserves stood at about 93.4 months of spending, up from 42.2 in 2012. Staff pay was 30% of spending. $24,448,579 of its net assets are donor-restricted.
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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