Our Lady Of Mount Carmel Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 146,176 | 0 | 146,176 | — | — |
| 2013 | 166,229 | 35,400 | 130,829 | 496.4 | 0% |
| 2014 | 167,466 | 100,000 | 67,466 | 183.8 | 0% |
| 2015 | 28,580 | 13,600 | 14,980 | 1364.8 | 0% |
| 2016 | 35,996 | 10,900 | 25,096 | 1730.5 | 0% |
| 2017 | 3,778 | 5,275 | −1,497 | 3572.4 | 0% |
| 2018 | 168,296 | 269,091 | −100,795 | 65.5 | 0% |
| 2019 | 74,914 | 196,005 | −121,091 | 82.6 | 0% |
| 2020 | 47,202 | 171,663 | −124,461 | 85.6 | 0% |
| 2021 | 236,430 | 152,466 | 83,964 | 102.9 | 0% |
| 2022 | 0 | 194,101 | −194,101 | 68.9 | 0% |
| 2023 | 46,884 | 14,524 | 32,360 | 947.0 | 0% |
In its most recent public year (2023), this organization brought in $32,360 more than it spent. Its reserves stood at about 947 months of spending. 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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