Greensboro Sports Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 446,677 | 105,147 | 341,530 | 39.0 | 0% |
| 2019 | 586,826 | 564,566 | 22,260 | 13.1 | 11% |
| 2020 | 3,003,923 | 2,298,813 | 705,110 | 6.9 | 6% |
| 2021 | 278,969 | 453,310 | −174,341 | 28.1 | 25% |
| 2022 | 660,944 | 605,325 | 55,619 | 21.5 | 18% |
| 2023 | 2,604,518 | 2,280,630 | 323,888 | 7.2 | 12% |
In its most recent public year (2023), this organization brought in $323,888 more than it spent. Its reserves stood at about 7.2 months of spending, down from 39 in 2018. Staff pay was 12% of spending. $47,391 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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