Connellsville Area School Districtfalcon Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 25,940 | 48,632 | −22,692 | 3.9 | 0% |
| 2013 | 151,950 | 146,854 | 5,096 | 1.7 | 0% |
| 2014 | 103,372 | 53,643 | 49,729 | 15.8 | 0% |
| 2015 | 90,408 | 95,295 | −4,887 | 8.3 | 0% |
| 2016 | 82,241 | 59,196 | 23,045 | 18.0 | 0% |
| 2017 | 62,041 | 131,447 | −69,406 | 1.8 | 0% |
| 2018 | 26,445 | 26,587 | −142 | 8.7 | 0% |
| 2019 | 44,055 | 15,145 | 28,910 | 38.1 | 0% |
| 2020 | 13,879 | 31,049 | −17,170 | 11.9 | 0% |
| 2021 | 6,410 | 20,687 | −14,277 | 9.7 | 0% |
| 2022 | 10,871 | 2,525 | 8,346 | 118.7 | 0% |
| 2023 | 23,206 | 24,237 | −1,031 | 11.9 | 0% |
In its most recent public year (2023), this organization spent $1,031 more than it brought in. Its reserves stood at about 11.9 months of spending, up from 3.9 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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