Felix Y Manalo Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 580,482 | 949,447 | −368,965 | 17.6 | 3% |
| 2014 | 928,405 | 851,085 | 77,320 | 20.7 | 6% |
| 2015 | 46,405 | 231,383 | −184,978 | 66.6 | 10% |
| 2016 | 79,349 | 109,115 | −29,766 | 138.0 | 29% |
| 2017 | 23,050 | 109,503 | −86,453 | 128.0 | 37% |
| 2018 | 97,492 | 93,606 | 3,886 | 150.2 | 35% |
| 2019 | 190,960 | 180,054 | 10,906 | 78.8 | 11% |
| 2020 | 1,597,578 | 331,635 | 1,265,943 | 88.6 | 6% |
| 2021 | 82,518 | 89,787 | −7,269 | 326.3 | 22% |
| 2022 | 1,196,563 | 1,112,217 | 84,346 | 27.3 | 2% |
In its most recent public year (2022), this organization brought in $84,346 more than it spent. Its reserves stood at about 27.3 months of spending, up from 17.6 in 2013. Staff pay was 2% 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 2022. 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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