everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Gaithersburg Beloved Community Initiative Incorporated

Gaithersburg, MD / EIN 85-4081260 / Form 990 / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2021101,05093,8387,21227.0
2022281,338117,411163,92738.777%
2023305,062193,508111,55431.075%
2024501,590248,459253,13136.471%

In its most recent public year (2024), this organization brought in $253,131 more than it spent. Its reserves stood at about 36.4 months of spending, up from 27 in 2021. Staff pay was 71% 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 2024. 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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