Gulfstream Aerospace Corporation Retiree Benefits Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,716,563 | 3,853,546 | −2,136,983 | 98.0 | 1% |
| 2021 | 4,199,760 | 4,518,285 | −318,525 | 94.3 | 1% |
| 2022 | 13,964,541 | 4,714,849 | 9,249,692 | 75.3 | 1% |
| 2023 | 3,159,113 | 9,242,716 | −6,083,603 | 31.6 | 0% |
In its most recent public year (2023), this organization spent $6,083,603 more than it brought in. Its reserves stood at about 31.6 months of spending, down from 98 in 2020. Staff pay was 0% 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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