Granite Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,406,561 | 1,245,848 | 160,713 | 10.2 | 21% |
| 2012 | 1,400,877 | 1,145,146 | 255,731 | 12.4 | 21% |
| 2013 | 1,218,213 | 1,088,488 | 129,725 | 14.4 | 21% |
| 2014 | 1,692,044 | 1,296,691 | 395,353 | 15.8 | 20% |
| 2015 | 4,101,632 | 3,214,186 | 887,446 | 9.7 | 6% |
| 2016 | 3,846,718 | 3,783,697 | 63,021 | 8.1 | 5% |
| 2017 | 3,776,481 | 3,730,863 | 45,618 | 9.1 | 6% |
| 2018 | 5,043,588 | 4,546,758 | 496,830 | 8.6 | 11% |
| 2019 | 5,201,702 | 5,152,448 | 49,254 | 7.7 | 11% |
| 2020 | 3,546,400 | 3,769,290 | −222,890 | 9.5 | 14% |
| 2021 | 4,697,989 | 4,779,411 | −81,422 | 8.8 | 13% |
| 2022 | 3,029,089 | 3,231,950 | −202,861 | 9.2 | 17% |
| 2023 | 4,364,698 | 4,216,541 | 148,157 | 9.0 | 13% |
In its most recent public year (2023), this organization brought in $148,157 more than it spent. Its reserves stood at about 9 months of spending, down from 10.2 in 2011. Staff pay was 13% of spending. $1,287,606 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
Granite Education Foundation 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