Global Lounge Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 60,278 | 57,838 | 2,440 | 3.0 | — |
| 2018 | 66,346 | 64,850 | 1,496 | 6.2 | — |
| 2019 | 73,909 | 64,334 | 9,575 | 8.0 | — |
| 2020 | 64,360 | 18,830 | 45,530 | 56.5 | — |
| 2021 | 122,078 | 31,661 | 90,417 | 69.0 | — |
| 2022 | 171,576 | 131,509 | 40,067 | 20.3 | — |
| 2023 | 152,314 | 105,631 | 46,683 | 31.2 | — |
In its most recent public year (2023), this organization brought in $46,683 more than it spent. Its reserves stood at about 31.2 months of spending, up from 3 in 2017.
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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