Glen Retirement System
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $15,591,205 | $16,126,108 | −$534,903 | 12.2 | 44% |
| 2021 | $16,541,345 | $16,486,163 | $55,182 | 13.5 | 45% |
| 2022 | $16,204,462 | $17,809,231 | −$1,604,769 | 10.1 | 43% |
| 2023 | $17,051,738 | $20,332,698 | −$3,280,960 | 6.3 | 38% |
In its most recent public year (2023), this organization spent $3,280,960 more than it brought in. Its reserves stood at about 6.3 months of spending, down from 12.2 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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