Galaxy Ii Concord Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 518,311 | 0 | 518,311 | — | — |
| 2021 | −1,129,947 | 0 | −1,129,947 | — | — |
| 2022 | −203,604 | 0 | −203,604 | — | — |
| 2023 | −5,097,492 | 0 | −5,097,492 | — | — |
In its most recent public year (2023), this organization spent $5,097,492 more than it brought in.
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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