Stephen J Gerace Home & School Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 38,133 | 17,959 | 20,174 | 19.4 | — |
| 2022 | 35,174 | 25,829 | 9,345 | 17.8 | — |
| 2023 | 63,644 | 74,300 | −10,656 | 4.5 | — |
| 2024 | 45,863 | 56,119 | −10,256 | 3.7 | — |
In its most recent public year (2024), this organization spent $10,256 more than it brought in. Its reserves stood at about 3.7 months of spending, down from 19.4 in 2021.
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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