Filitalia Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 51,986 | 52,661 | −675 | 149.0 | 22% |
| 2022 | 39,983 | 49,996 | −10,013 | 163.6 | 0% |
| 2023 | 9,973 | 35,970 | −25,997 | 251.9 | 0% |
In its most recent public year (2023), this organization spent $25,997 more than it brought in. Its reserves stood at about 251.9 months of spending, up from 149 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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