Gcc Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,457,505 | 1,436,877 | 20,628 | 4.6 | 10% |
| 2021 | 1,062,372 | 1,005,696 | 56,676 | 7.3 | 12% |
| 2022 | 873,934 | 974,022 | −100,088 | 6.3 | 12% |
| 2023 | 783,220 | 973,885 | −190,665 | 3.7 | 10% |
In its most recent public year (2023), this organization spent $190,665 more than it brought in. Its reserves stood at about 3.7 months of spending. Staff pay was 10% of spending. $165,257 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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