Glenn Garcelon Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 54,992 | 28,434 | 26,558 | 15.8 | — |
| 2017 | 57,551 | 59,711 | −2,160 | 7.1 | — |
| 2018 | 76,059 | 58,128 | 17,931 | 11.0 | — |
| 2019 | 97,787 | 80,446 | 17,341 | 10.5 | — |
| 2020 | 102,305 | 62,303 | 40,002 | 20.8 | 0% |
| 2021 | 93,219 | 73,796 | 19,423 | 21.1 | 0% |
| 2022 | 147,843 | 152,871 | −5,028 | 8.7 | 0% |
| 2023 | 171,442 | 147,040 | 24,402 | 12.1 | 0% |
In its most recent public year (2023), this organization brought in $24,402 more than it spent. Its reserves stood at about 12.1 months of spending, down from 15.8 in 2016. 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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