The Galloway School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,624,592 | 2,058,336 | 566,256 | 23.1 | 57% |
| 2012 | 2,940,685 | 2,344,840 | 595,845 | 22.2 | 57% |
| 2013 | 2,576,909 | 2,376,231 | 200,678 | 22.9 | 57% |
| 2014 | 2,629,344 | 2,879,478 | −250,134 | 17.9 | 56% |
| 2015 | 1,826,041 | 2,370,735 | −544,694 | 18.3 | 55% |
| 2016 | 2,907,284 | 2,369,189 | 538,095 | 21.0 | 4% |
| 2017 | 2,530,059 | 2,135,024 | 395,035 | 25.6 | 5% |
| 2018 | 2,800,588 | 2,443,909 | 356,679 | 24.1 | 4% |
| 2019 | 2,882,152 | 2,418,961 | 463,191 | 26.6 | 62% |
| 2020 | 3,409,492 | 2,561,675 | 847,817 | 29.1 | 55% |
| 2021 | 2,909,730 | 2,851,938 | 57,792 | 26.4 | 59% |
| 2022 | 3,288,930 | 2,613,043 | 675,887 | 32.0 | 54% |
| 2023 | 2,679,787 | 2,631,088 | 48,699 | 32.0 | 53% |
In its most recent public year (2023), this organization brought in $48,699 more than it spent. Its reserves stood at about 32 months of spending, up from 23.1 in 2011. Staff pay was 53% of spending. $485,022 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 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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