Gorman Learning Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,629,708 | 8,125,096 | 1,504,612 | 13.5 | 57% |
| 2012 | 7,488,649 | 9,789,838 | −2,301,189 | 8.4 | 55% |
| 2013 | 11,322,799 | 10,037,161 | 1,285,638 | 10.3 | 57% |
| 2014 | 13,285,045 | 11,766,274 | 1,518,771 | 10.3 | 59% |
| 2015 | 15,757,137 | 14,222,700 | 1,534,437 | 9.8 | 58% |
| 2016 | 20,428,459 | 18,382,167 | 2,046,292 | 8.9 | 51% |
| 2017 | 23,641,431 | 21,635,970 | 2,005,461 | 8.7 | 56% |
| 2018 | 25,966,943 | 25,723,727 | 243,216 | 7.4 | 53% |
| 2019 | 28,798,543 | 29,621,853 | −823,310 | 6.1 | 47% |
| 2020 | 26,513,006 | 28,709,279 | −2,196,273 | 5.4 | 48% |
| 2021 | 31,204,801 | 31,195,495 | 9,306 | 5.0 | 47% |
| 2022 | 29,725,144 | 30,587,112 | −861,968 | 4.7 | 47% |
| 2023 | 35,380,943 | 34,206,588 | 1,174,355 | 4.6 | 46% |
In its most recent public year (2023), this organization brought in $1,174,355 more than it spent. Its reserves stood at about 4.6 months of spending, down from 13.5 in 2011. Staff pay was 46% 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
Gorman Learning Center 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