Genesis Motor America Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 3,375,181 | 1,332,268 | 2,042,913 | 18.4 | 0% |
| 2020 | 1,069,995 | 219,721 | 850,274 | 158.0 | 0% |
| 2021 | 1,632,925 | 765,020 | 867,905 | 59.0 | 0% |
| 2022 | 1,891,675 | 2,001,194 | −109,519 | 21.9 | 3% |
| 2023 | 3,067,386 | 3,226,804 | −159,418 | 13.0 | 4% |
In its most recent public year (2023), this organization spent $159,418 more than it brought in. Its reserves stood at about 13 months of spending, down from 18.4 in 2019. Staff pay was 4% 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
Genesis Motor America Foundation'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