Cancao Nova Catholic Community
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 93,358 | 78,481 | 14,877 | 5.0 | 11% |
| 2021 | 98,325 | 102,705 | −4,380 | 3.3 | 12% |
| 2022 | 98,299 | 105,060 | −6,761 | 2.4 | 12% |
| 2023 | 225,521 | 204,632 | 20,889 | 2.5 | 6% |
In its most recent public year (2023), this organization brought in $20,889 more than it spent. Its reserves stood at about 2.5 months of spending, down from 5 in 2020. Staff pay was 6% 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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