Joseph Lacroce Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 145,781 | 166,521 | −20,740 | 17.8 | 0% |
| 2020 | 154,527 | 182,376 | −27,849 | 16.7 | 0% |
| 2021 | 739,925 | 191,791 | 548,134 | 53.0 | 0% |
| 2022 | 201,857 | 257,881 | −56,024 | 32.8 | 0% |
| 2023 | 317,949 | 285,495 | 32,454 | 39.8 | 0% |
In its most recent public year (2023), this organization brought in $32,454 more than it spent. Its reserves stood at about 39.8 months of spending, up from 17.8 in 2019. 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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