Albert E Farone & Angela T Farone
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 968,319 | 577,312 | 391,007 | 520.7 | 0% |
| 2013 | 948,236 | 691,340 | 256,896 | 461.6 | 0% |
| 2014 | 1,167,684 | 666,513 | 501,171 | 548.5 | 0% |
| 2015 | 1,294,511 | 595,170 | 699,341 | 616.9 | 0% |
| 2016 | 1,106,103 | 618,176 | 487,927 | 614.7 | 0% |
| 2017 | 1,165,042 | 680,813 | 484,229 | 514.8 | 0% |
| 2018 | 1,833,201 | 856,065 | 977,136 | 421.9 | 0% |
| 2019 | 1,571,601 | 696,340 | 875,261 | 575.2 | 0% |
| 2020 | 5,021,578 | 509,434 | 4,512,144 | 757.6 | 0% |
| 2021 | 1,361,588 | 528,130 | 833,458 | 919.9 | 0% |
| 2022 | 1,862,925 | 845,927 | 1,016,998 | 535.3 | 0% |
| 2023 | 1,930,174 | 804,676 | 1,125,498 | 592.6 | 0% |
In its most recent public year (2023), this organization brought in $1,125,498 more than it spent. Its reserves stood at about 592.6 months of spending, up from 520.7 in 2012. Staff pay was 0% 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
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