Faculty Association Of Grand Rapids Community College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 204,906 | 152,404 | 52,502 | 25.7 | 60% |
| 2012 | 198,615 | 217,573 | −18,958 | 17.0 | — |
| 2013 | 194,619 | 177,065 | 17,554 | 22.0 | — |
| 2014 | 188,012 | 146,562 | 41,450 | 30.0 | — |
| 2015 | 181,094 | 147,469 | 33,625 | 32.6 | — |
| 2016 | 171,399 | 162,009 | 9,390 | 30.3 | — |
| 2017 | 157,437 | 177,305 | −19,868 | 26.4 | — |
| 2018 | 156,870 | 122,703 | 34,167 | 41.4 | — |
| 2019 | 83,503 | 142,228 | −58,725 | 30.8 | — |
| 2020 | 84,761 | 135,986 | −51,225 | 27.7 | — |
| 2021 | 76,741 | 132,700 | −55,959 | 23.3 | — |
| 2023 | 114,394 | 178,622 | −64,228 | 9.0 | — |
In its most recent public year (2023), this organization spent $64,228 more than it brought in. Its reserves stood at about 9 months of spending, down from 25.7 in 2011.
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
Faculty Association Of Grand Rapids Community College'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