Father Mccartan Memorial School Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 50,297 | 33,447 | 16,850 | 244.7 | 0% |
| 2021 | 36,596 | 11,263 | 25,333 | 836.4 | 0% |
| 2022 | 120,156 | 101,389 | 18,767 | 77.7 | 0% |
| 2023 | 125,330 | 45,135 | 80,195 | 217.8 | 0% |
In its most recent public year (2023), this organization brought in $80,195 more than it spent. Its reserves stood at about 217.8 months of spending, down from 244.7 in 2020. 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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