everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Father Vincent Welch Memorial Fund

Dearborn, MI / EIN 38-3005252 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201172,93475,126−2,1920.2
2012109,492107,6391,8530.4
2013180,891180,6162750.20%
2014154,091150,1063,9850.6
2015169,005171,035−2,0300.4
2016210,282173,07137,2113.00%
2017235,448265,024−29,5760.60%
2018277,512230,05447,4583.20%
2019249,029300,007−50,9780.40%
2020266,273270,004−3,7310.30%
2021337,233328,0009,2330.60%
2022386,643100,002286,64136.20%
2023381,235480,000−98,7655.10%

In its most recent public year (2023), this organization spent $98,765 more than it brought in. Its reserves stood at about 5.1 months of spending, up from 0.2 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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