Monsignor Joseph P Herard Charitable Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,276 | 6,495 | 2,781 | 308.8 | — |
| 2012 | 7,964 | 8,849 | −885 | 238.5 | — |
| 2013 | 9,280 | 8,862 | 418 | 256.0 | — |
| 2014 | 45,912 | 6,534 | 39,378 | 352.4 | — |
| 2015 | 5,123 | 3,282 | 1,841 | 691.6 | — |
| 2016 | 5,116 | 8,059 | −2,943 | 291.2 | — |
| 2017 | 15,272 | 15,732 | −460 | 157.0 | — |
| 2018 | 8,993 | 10,269 | −1,276 | 218.7 | — |
| 2019 | 37,654 | 16,078 | 21,576 | 150.2 | — |
| 2020 | 6,653 | 13,144 | −6,491 | 192.5 | — |
In its most recent public year (2020), this organization spent $6,491 more than it brought in. Its reserves stood at about 192.5 months of spending, down from 308.8 in 2011.
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 2020. 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
Monsignor Joseph P Herard Charitable Trust's IRS filings as a feed — one entry per filing year, through 2020. 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