Great Minds In Stem
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 3,378,817 | 4,007,295 | −628,478 | -2.0 | 25% |
| 2011 | 3,937,636 | 3,871,893 | 65,743 | -1.9 | 28% |
| 2012 | 4,060,561 | 4,003,281 | 57,280 | -1.6 | 31% |
| 2013 | 4,075,086 | 3,914,033 | 161,053 | -1.2 | 26% |
| 2014 | 4,706,816 | 4,314,577 | 392,239 | 0.0 | 24% |
| 2015 | 4,277,114 | 4,273,697 | 3,417 | 0.0 | 28% |
| 2016 | 4,420,410 | 4,216,442 | 203,968 | 0.6 | 23% |
| 2017 | 3,549,789 | 3,700,206 | −150,417 | 0.2 | 19% |
| 2018 | 6,884,531 | 4,445,727 | 2,438,804 | 6.8 | 15% |
| 2019 | 3,835,392 | 4,273,629 | −438,237 | 5.8 | 16% |
| 2020 | 2,200,795 | 2,126,928 | 73,867 | 12.1 | 36% |
| 2021 | 2,728,420 | 2,032,014 | 696,406 | 16.8 | 40% |
| 2022 | 2,512,291 | 3,238,292 | −726,001 | 7.8 | 35% |
| 2023 | 2,555,249 | 2,998,220 | −442,971 | 6.7 | 29% |
In its most recent public year (2023), this organization spent $442,971 more than it brought in. Its reserves stood at about 6.7 months of spending, up from -2 in 2010. Staff pay was 29% of spending. $1,352,972 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
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