Grace Foundation Of Memphis Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,043,894 | 1,196,711 | −152,817 | 293.1 | 0% |
| 2013 | 744,552 | 956,334 | −211,782 | 383.6 | 0% |
| 2014 | 1,889,376 | 848,046 | 1,041,330 | 472.6 | 0% |
| 2015 | 2,764,619 | 2,056,994 | 707,625 | 198.4 | 0% |
| 2016 | 2,112,788 | 702,158 | 1,410,630 | 545.4 | 0% |
| 2017 | 2,712,791 | 1,728,362 | 984,429 | 239.7 | 0% |
| 2018 | 1,304,345 | 1,521,942 | −217,597 | 274.0 | 0% |
| 2019 | 1,312,720 | 1,069,552 | 243,168 | 393.5 | 0% |
In its most recent public year (2019), this organization brought in $243,168 more than it spent. Its reserves stood at about 393.5 months of spending, up from 293.1 in 2012. 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 2019. 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
Grace Foundation Of Memphis Inc's IRS filings as a feed — one entry per filing year, through 2019. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works