Gem Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 25,768 | 4,641 | 21,127 | 88.6 | — |
| 2023 | 5,603 | 11,902 | −6,299 | 28.2 | — |
| 2024 | −3,283 | 17,740 | −21,023 | 4.7 | — |
In its most recent public year (2024), this organization spent $21,023 more than it brought in. Its reserves stood at about 4.7 months of spending, down from 88.6 in 2022.
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 2024. 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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