Italian Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,971 | 10,286 | −7,315 | 5.7 | — |
| 2020 | 54,873 | 80,201 | −25,328 | 14.0 | — |
| 2021 | 198,849 | 175,964 | 22,885 | 7.9 | — |
| 2022 | 527,352 | 534,057 | −6,705 | -0.1 | 0% |
| 2023 | 99,344 | 95,397 | 3,947 | -0.0 | 0% |
In its most recent public year (2023), this organization brought in $3,947 more than it spent. Its reserves stood at about 0 months of spending, down from 5.7 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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