Frank & Michael Vertullo Faith & Hope Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 32,939 | 19,280 | 13,659 | 8.5 | — |
| 2021 | 13,334 | 19,608 | −6,274 | 8.4 | — |
| 2022 | 16,220 | 14,424 | 1,796 | 12.9 | — |
| 2023 | 33,198 | 19,653 | 13,545 | 17.7 | — |
In its most recent public year (2023), this organization brought in $13,545 more than it spent. Its reserves stood at about 17.7 months of spending, up from 8.5 in 2020.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works