Order Of Cardinal Mercier Educational Endowment Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 33,121 | 3,735 | 29,386 | 1709.7 | 0% |
| 2021 | 47,508 | 3,501 | 44,007 | 1998.4 | 0% |
| 2022 | 88,432 | 42,001 | 46,431 | 154.3 | 0% |
| 2023 | 63,865 | 82,266 | −18,401 | 86.3 | 0% |
In its most recent public year (2023), this organization spent $18,401 more than it brought in. Its reserves stood at about 86.3 months of spending, down from 1709.7 in 2020. 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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