Yvon Cormier Charitable Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 65 | −65 | 56.5 | 0% |
| 2012 | 0 | 0 | 0 | — | — |
| 2013 | 20,000 | 19,050 | 950 | 0.8 | 0% |
| 2014 | 0 | 810 | −810 | 6.6 | 0% |
| 2018 | 0 | 54 | −54 | 55.6 | 0% |
| 2019 | 0 | 35 | −35 | 73.7 | 0% |
| 2020 | 0 | 35 | −35 | 61.7 | 0% |
| 2021 | 0 | 35 | −35 | 49.7 | 0% |
| 2022 | 0 | 35 | −35 | 37.7 | 0% |
| 2023 | 0 | 63 | −63 | 104.2 | 0% |
In its most recent public year (2023), this organization spent $63 more than it brought in. Its reserves stood at about 104.2 months of spending, up from 56.5 in 2011. 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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