Groover Labs Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 56,807 | 39,869 | 16,938 | 5.1 | — |
| 2020 | 245,633 | 243,833 | 1,800 | 0.9 | 53% |
| 2021 | 214,736 | 230,656 | −15,920 | 0.1 | 42% |
| 2022 | 496,050 | 374,533 | 121,517 | 4.0 | 34% |
| 2023 | 1,015,437 | 364,943 | 650,494 | 25.5 | 31% |
In its most recent public year (2023), this organization brought in $650,494 more than it spent. Its reserves stood at about 25.5 months of spending, up from 5.1 in 2019. Staff pay was 31% 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
Groover Labs Inc'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