Colorado Golden Gloves Charities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 72,092 | 97,807 | −25,715 | 2.2 | — |
| 2020 | 53,878 | 34,013 | 19,865 | 7.0 | — |
| 2021 | 74,471 | 62,283 | 12,188 | 2.3 | — |
| 2022 | 91,723 | 119,370 | −27,647 | -1.6 | — |
| 2023 | 78,662 | 121,485 | −42,823 | -4.2 | — |
In its most recent public year (2023), this organization spent $42,823 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.2 months), down from 2.2 in 2019.
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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