Gbmc Ophthalmology Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 280,938 | 186,117 | 94,821 | 167.1 | 0% |
| 2013 | 210,792 | 207,898 | 2,894 | 162.5 | 0% |
| 2014 | 582,609 | 75,054 | 507,555 | 592.2 | 0% |
| 2015 | 816,887 | 1,094,672 | −277,785 | 35.1 | 0% |
| 2016 | 467,375 | 26,024 | 441,351 | 1653.4 | 0% |
| 2017 | 84,428 | 60,716 | 23,712 | 746.8 | 0% |
| 2018 | 158,649 | 296,299 | −137,650 | 149.4 | 0% |
| 2019 | 118,980 | 667,497 | −548,517 | 57.7 | 0% |
| 2020 | 186,478 | 418,591 | −232,113 | 87.3 | 0% |
| 2021 | 508,005 | 104,740 | 403,265 | 424.9 | 0% |
| 2022 | 149,466 | 85,519 | 63,947 | 442.2 | 0% |
| 2023 | 134,211 | 75,490 | 58,721 | 536.7 | 0% |
In its most recent public year (2023), this organization brought in $58,721 more than it spent. Its reserves stood at about 536.7 months of spending, up from 167.1 in 2012. Staff pay was 0% of spending. $215,579 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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