Globalworks Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 283,000 | 345,150 | −62,150 | -5.5 | 0% |
| 2021 | 245,500 | 176,568 | 68,932 | 5.5 | 0% |
| 2022 | 326,000 | 168,549 | 157,451 | 17.0 | 0% |
| 2023 | 235,100 | 440,607 | −205,507 | 0.9 | 17% |
In its most recent public year (2023), this organization spent $205,507 more than it brought in. Its reserves stood at about 0.9 months of spending, up from -5.5 in 2019. Staff pay was 17% 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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