Georgia Press Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 295,081 | 167,863 | 127,218 | 134.9 | 57% |
| 2021 | 238,821 | 295,335 | −56,514 | 88.8 | 52% |
| 2022 | 505,425 | 308,030 | 197,395 | 77.6 | 45% |
| 2023 | 252,796 | 327,254 | −74,458 | 72.4 | 42% |
In its most recent public year (2023), this organization spent $74,458 more than it brought in. Its reserves stood at about 72.4 months of spending, down from 134.9 in 2020. Staff pay was 42% of spending. $697,634 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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