Geer Woods Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,029,130 | 7,429,843 | −400,713 | -12.3 | 42% |
| 2021 | 7,692,036 | 8,618,214 | −926,178 | -11.9 | 34% |
| 2022 | 6,975,750 | 6,965,901 | 9,849 | -14.7 | 40% |
| 2023 | 5,948,594 | 7,068,833 | −1,120,239 | -16.4 | 38% |
In its most recent public year (2023), this organization spent $1,120,239 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-16.4 months), down from -12.3 in 2020. Staff pay was 38% 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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