Friends Of The Fort Gratiot Light
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 60,075 | 58,030 | 2,045 | 0.4 | — |
| 2019 | 46,358 | 42,548 | 3,810 | 1.7 | — |
| 2020 | −1,721 | 3,001 | −4,722 | 4.5 | — |
| 2021 | 5,358 | 2,534 | 2,824 | 18.7 | — |
| 2022 | 27,973 | 2,791 | 25,182 | 125.3 | — |
| 2023 | 205,680 | 204,009 | 1,671 | 1.8 | 0% |
In its most recent public year (2023), this organization brought in $1,671 more than it spent. Its reserves stood at about 1.8 months of spending, up from 0.4 in 2018. 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 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
Friends Of The Fort Gratiot Light's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works