Gordon Lee Memorial High School Alumni Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 67,803 | 72,744 | −4,941 | 13.5 | 6% |
| 2019 | 41,136 | 51,980 | −10,844 | 16.4 | 0% |
| 2020 | 41,651 | 40,687 | 964 | 53.7 | 0% |
| 2021 | 66,934 | 51,954 | 14,980 | 45.5 | 0% |
| 2022 | 59,062 | 80,605 | −21,543 | 26.1 | 0% |
In its most recent public year (2022), this organization spent $21,543 more than it brought in. Its reserves stood at about 26.1 months of spending, up from 13.5 in 2018. Staff pay was 0% of spending. $17,586 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 2022. 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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