Friends Of Annunciation Catholic Church
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 176,555 | 21,963 | 154,592 | -114.0 | 0% |
| 2021 | 100,427 | 30,417 | 70,010 | -54.7 | 0% |
| 2022 | 179,174 | 19,990 | 159,184 | 12.3 | 0% |
| 2023 | 21,814 | 3,120 | 18,694 | 151.0 | 0% |
In its most recent public year (2023), this organization brought in $18,694 more than it spent. Its reserves stood at about 151 months of spending, up from -114 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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