Glorious Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 74,138 | 59,184 | 14,954 | 9.5 | — |
| 2014 | 158,013 | 131,999 | 26,014 | 7.3 | — |
| 2015 | 261,146 | 195,976 | 65,170 | 8.9 | 9% |
| 2016 | 266,331 | 243,458 | 22,873 | 8.3 | 6% |
| 2017 | 177,032 | 317,719 | −140,687 | 1.0 | 5% |
| 2018 | 158,405 | 176,108 | −17,703 | 0.6 | 9% |
| 2019 | 269,228 | 181,467 | 87,761 | 6.4 | 0% |
| 2020 | 161,904 | 166,238 | −4,334 | 6.7 | 0% |
| 2021 | 175,905 | 236,702 | −60,797 | 1.6 | 0% |
| 2022 | 165,200 | 160,639 | 4,561 | 2.7 | 0% |
In its most recent public year (2022), this organization brought in $4,561 more than it spent. Its reserves stood at about 2.7 months of spending, down from 9.5 in 2013. 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 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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