Grand Aces Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 20,033 | 1,250 | 18,783 | 180.3 | — |
| 2019 | 154,171 | 103,923 | 50,248 | 8.0 | — |
| 2020 | 9,505 | 33,319 | −23,814 | 16.3 | — |
| 2021 | 13,014 | 17,639 | −4,625 | 27.8 | — |
| 2022 | 2,250 | 31,870 | −29,620 | 3.0 | — |
| 2023 | 1 | 1,341 | −1,340 | 58.7 | — |
In its most recent public year (2023), this organization spent $1,340 more than it brought in. Its reserves stood at about 58.7 months of spending, down from 180.3 in 2018.
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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