Father Flanagans Boys Home
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,321,945 | 6,480,039 | −158,094 | 4.1 | 57% |
| 2021 | 6,834,716 | 6,646,739 | 187,977 | 4.4 | 56% |
| 2022 | 7,054,740 | 7,074,247 | −19,507 | 4.1 | 57% |
| 2023 | 7,586,250 | 7,121,439 | 464,811 | 4.8 | 55% |
In its most recent public year (2023), this organization brought in $464,811 more than it spent. Its reserves stood at about 4.8 months of spending. Staff pay was 55% of spending. $204,821 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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