Grand Valley Public Radio Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 316,528 | 331,191 | −14,663 | 13.6 | 38% |
| 2012 | 362,296 | 305,942 | 56,354 | 17.0 | 36% |
| 2013 | 329,763 | 348,682 | −18,919 | 11.2 | 0% |
| 2014 | 319,119 | 347,657 | −28,538 | 10.2 | 50% |
| 2015 | 296,631 | 316,663 | −20,032 | 10.5 | 13% |
| 2016 | 315,504 | 317,891 | −2,387 | 9.7 | 40% |
| 2017 | 390,525 | 336,406 | 54,119 | 11.1 | 38% |
| 2018 | 402,081 | 365,491 | 36,590 | 11.4 | 15% |
| 2019 | 380,506 | 361,154 | 19,352 | 12.2 | 15% |
| 2020 | 457,874 | 389,038 | 68,836 | 13.5 | 49% |
| 2021 | 569,016 | 437,572 | 131,444 | 9.8 | 44% |
| 2022 | 443,974 | 439,861 | 4,113 | 9.9 | 43% |
| 2023 | 369,592 | 491,283 | −121,691 | 5.9 | 42% |
In its most recent public year (2023), this organization spent $121,691 more than it brought in. Its reserves stood at about 5.9 months of spending, down from 13.6 in 2011. Staff pay was 42% of spending. $28,889 of its net assets are donor-restricted.
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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