Guermsey Economic And Tourism Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 38,701 | 19,942 | 18,759 | 381.0 | 0% |
| 2020 | 23,504 | 15,587 | 7,917 | 493.6 | 0% |
| 2021 | 76,542 | 8,000 | 68,542 | 1106.1 | 0% |
| 2022 | 16,750 | 6,268 | 10,482 | 1378.7 | 0% |
| 2023 | 17,663 | 9,402 | 8,261 | 929.7 | 0% |
In its most recent public year (2023), this organization brought in $8,261 more than it spent. Its reserves stood at about 929.7 months of spending, up from 381 in 2019. 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
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