Grove Park Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 3,636,913 | 211,378 | 3,425,535 | 194.5 | 29% |
| 2018 | 5,104,964 | 908,281 | 4,196,683 | 100.7 | 49% |
| 2019 | 11,634,435 | 1,751,340 | 9,883,095 | 119.9 | 26% |
| 2020 | 2,175,144 | 14,616,922 | −12,441,778 | 4.2 | 3% |
| 2021 | 3,791,912 | 3,921,150 | −129,238 | 16.3 | 14% |
| 2022 | 4,884,818 | 2,072,509 | 2,812,309 | 46.9 | 26% |
| 2023 | 4,144,345 | 2,735,347 | 1,408,998 | 41.6 | 19% |
In its most recent public year (2023), this organization brought in $1,408,998 more than it spent. Its reserves stood at about 41.6 months of spending, down from 194.5 in 2017. Staff pay was 19% of spending. $4,625,930 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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