Gregory Hugh Montgomery Jr Foundation For Ultimate Growth Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 42,717 | 4,295 | 38,422 | 107.3 | 0% |
| 2021 | 151,922 | 48,829 | 103,093 | 34.8 | 14% |
| 2022 | 152,203 | 135,425 | 16,778 | 14.0 | 14% |
| 2023 | 151,029 | 135,880 | 15,149 | 15.3 | 15% |
In its most recent public year (2023), this organization brought in $15,149 more than it spent. Its reserves stood at about 15.3 months of spending, down from 107.3 in 2020. Staff pay was 15% 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
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