Galloway Ridge Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 19,571,614 | 20,971,243 | −1,399,629 | -11.2 | 28% |
| 2012 | 21,493,013 | 23,750,995 | −2,257,982 | -11.0 | 29% |
| 2013 | 22,715,199 | 27,013,097 | −4,297,898 | -14.4 | 29% |
| 2014 | 26,757,455 | 28,311,774 | −1,554,319 | -14.6 | 29% |
| 2015 | 28,807,601 | 29,606,251 | −798,650 | -14.5 | 29% |
| 2016 | 28,623,978 | 30,334,700 | −1,710,722 | -14.9 | 30% |
| 2017 | 30,086,360 | 30,720,738 | −634,378 | -14.8 | 32% |
| 2018 | 31,310,553 | 30,856,339 | 454,214 | -15.8 | 32% |
| 2019 | 32,191,441 | 33,720,146 | −1,528,705 | -14.5 | 32% |
| 2020 | 34,550,128 | 29,534,703 | 5,015,425 | -14.6 | 37% |
| 2021 | 36,150,184 | 29,279,650 | 6,870,534 | -12.2 | 37% |
| 2022 | 35,663,121 | 31,422,319 | 4,240,802 | -11.4 | 40% |
| 2023 | 37,431,371 | 34,695,461 | 2,735,910 | -9.4 | 35% |
In its most recent public year (2023), this organization brought in $2,735,910 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-9.4 months), up from -11.2 in 2011. Staff pay was 35% of spending. $5,011,652 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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