Jack Falvo Iii Foundation Ofschenectady Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 75,420 | 724 | 74,696 | 5877.4 | — |
| 2012 | 65,629 | 793 | 64,836 | 6401.3 | — |
| 2013 | 52,838 | 12,614 | 40,224 | 440.7 | — |
| 2014 | 68,782 | 18,332 | 50,450 | 336.3 | — |
| 2017 | 125,400 | 62,786 | 62,614 | 142.6 | 12% |
| 2018 | 116,158 | 105,308 | 10,850 | 86.3 | 20% |
| 2019 | 118,558 | 100,427 | 18,131 | 92.6 | 36% |
| 2020 | 97,412 | 73,965 | 23,447 | 129.6 | 28% |
| 2021 | 104,006 | 70,763 | 33,243 | 141.1 | 20% |
| 2022 | 126,869 | 89,872 | 36,997 | 116.0 | 26% |
| 2023 | 120,498 | 101,866 | 18,632 | 104.6 | 27% |
In its most recent public year (2023), this organization brought in $18,632 more than it spent. Its reserves stood at about 104.6 months of spending, down from 5877.4 in 2011. Staff pay was 27% 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
Jack Falvo Iii Foundation Ofschenectady Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works