Romito Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 28,780 | 12,293 | 16,487 | 22.6 | — |
| 2011 | −10,259 | 6,269 | −16,528 | 24.7 | — |
| 2013 | 39,436 | 31,313 | 8,123 | 4.5 | 0% |
| 2014 | 40,133 | 37,797 | 2,336 | 4.5 | 0% |
| 2018 | 39,793 | 19,377 | 20,416 | 32.9 | — |
| 2019 | 56,387 | 59,967 | −3,580 | 9.9 | — |
| 2020 | 21,730 | 36,582 | −14,852 | 11.4 | — |
| 2021 | 130,786 | 34,900 | 95,886 | 44.9 | — |
| 2022 | 83,975 | 43,312 | 40,663 | 47.4 | — |
| 2023 | 51,719 | 59,945 | −8,226 | 23.9 | — |
In its most recent public year (2023), this organization spent $8,226 more than it brought in. Its reserves stood at about 23.9 months of spending, up from 22.6 in 2009.
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
Romito Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works