Great Education Colorado
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 220,299 | 221,175 | −876 | 4.0 | 0% |
| 2012 | 246,149 | 252,664 | −6,515 | 3.2 | 63% |
| 2013 | 326,487 | 274,534 | 51,953 | 5.2 | 75% |
| 2014 | 282,136 | 225,776 | 56,360 | 9.3 | 73% |
| 2015 | 274,061 | 295,533 | −21,472 | 6.2 | 50% |
| 2016 | 363,570 | 376,142 | −12,572 | 4.5 | 53% |
| 2017 | 420,462 | 506,023 | −85,561 | 1.3 | 58% |
| 2018 | 650,435 | 459,964 | 190,471 | 6.4 | 54% |
| 2019 | 591,515 | 580,414 | 11,101 | 5.3 | 56% |
| 2020 | 425,898 | 522,749 | −96,851 | 3.7 | 55% |
| 2021 | 708,537 | 684,431 | 24,106 | 3.0 | 69% |
| 2022 | 686,978 | 695,198 | −8,220 | 2.8 | 56% |
| 2023 | 1,421,803 | 840,099 | 581,704 | 10.6 | 52% |
In its most recent public year (2023), this organization brought in $581,704 more than it spent. Its reserves stood at about 10.6 months of spending, up from 4 in 2011. Staff pay was 52% 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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