Joe Garassino Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 60,721 | 14,622 | 46,099 | 37.8 | — |
| 2014 | 23,664 | 14,350 | 9,314 | 46.3 | — |
| 2015 | 61,241 | 8,670 | 52,571 | 149.5 | — |
| 2016 | 58,324 | 15,615 | 42,709 | 115.8 | — |
| 2017 | 82,712 | 19,473 | 63,239 | 131.8 | 0% |
| 2018 | 97,384 | 31,994 | 65,390 | 104.8 | 0% |
| 2019 | 62,283 | 37,492 | 24,791 | 97.3 | 0% |
| 2020 | 17,055 | 5,461 | 11,594 | 693.7 | 0% |
| 2021 | 122,564 | 28,662 | 93,902 | 171.5 | 0% |
| 2022 | 84,699 | 36,844 | 47,855 | 149.0 | 0% |
| 2023 | 84,682 | 60,818 | 23,864 | 93.1 | 0% |
In its most recent public year (2023), this organization brought in $23,864 more than it spent. Its reserves stood at about 93.1 months of spending, up from 37.8 in 2013. 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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