Kevin Cordasco Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 50,708 | 26,514 | 24,194 | 10.9 | — |
| 2016 | 61,194 | 31,856 | 29,338 | 20.2 | — |
| 2017 | 53,004 | 43,998 | 9,006 | 17.1 | — |
| 2018 | 110,779 | 68,149 | 42,630 | 18.5 | — |
| 2019 | 134,200 | 113,912 | 20,288 | 13.2 | — |
| 2020 | 41,336 | 29,670 | 11,666 | 55.5 | — |
| 2021 | 74,936 | 59,462 | 15,474 | 30.8 | — |
| 2022 | 45,685 | 95,483 | −49,798 | 12.9 | — |
| 2023 | 105,389 | 136,317 | −30,928 | 6.3 | — |
In its most recent public year (2023), this organization spent $30,928 more than it brought in. Its reserves stood at about 6.3 months of spending, down from 10.9 in 2015.
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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