Sons Of Italy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,125,141 | 1,143,185 | −18,044 | 8.4 | 9% |
| 2012 | 981,620 | 966,545 | 15,075 | 10.5 | 13% |
| 2013 | 1,013,986 | 997,323 | 16,663 | 10.5 | 10% |
| 2014 | 646,849 | 691,539 | −44,690 | 14.6 | 17% |
| 2016 | 920,165 | 999,650 | −79,485 | 13.5 | 30% |
| 2017 | 1,285,391 | 991,230 | 294,161 | 17.3 | 9% |
| 2018 | 657,222 | 818,350 | −161,128 | 18.8 | 13% |
| 2019 | 1,409,489 | 1,193,989 | 215,500 | 15.0 | 8% |
| 2020 | 1,763,005 | 783,417 | 979,588 | 38.2 | 12% |
| 2021 | 903,118 | 659,841 | 243,277 | 53.4 | 20% |
| 2022 | 1,116,896 | 778,599 | 338,297 | 53.0 | 22% |
| 2023 | 994,333 | 830,525 | 163,808 | 41.8 | 18% |
In its most recent public year (2023), this organization brought in $163,808 more than it spent. Its reserves stood at about 41.8 months of spending, up from 8.4 in 2011. Staff pay was 18% of spending. $2,361,640 of its net assets are donor-restricted.
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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