Frassati Residence
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,636,770 | 3,702,134 | −65,364 | -9.9 | 36% |
| 2012 | 3,615,059 | 3,390,139 | 224,920 | -10.3 | 40% |
| 2013 | 4,142,953 | 3,690,000 | 452,953 | -5.7 | 39% |
| 2014 | 4,362,842 | 3,958,857 | 403,985 | -5.1 | 39% |
| 2015 | 4,270,537 | 4,023,267 | 247,270 | -4.3 | 40% |
| 2016 | 4,537,496 | 4,302,087 | 235,409 | -2.8 | 40% |
| 2017 | 4,323,433 | 4,195,481 | 127,952 | -2.0 | 43% |
| 2018 | 4,270,218 | 4,294,261 | −24,043 | -1.6 | 43% |
| 2019 | 4,806,027 | 4,341,864 | 464,163 | -0.5 | 43% |
| 2020 | 5,100,006 | 4,639,077 | 460,929 | 0.5 | 46% |
| 2021 | 5,492,674 | 4,578,078 | 914,596 | 3.5 | 45% |
| 2022 | 4,955,620 | 4,736,907 | 218,713 | 5.0 | 45% |
| 2023 | 5,056,038 | 4,959,315 | 96,723 | 5.0 | 43% |
In its most recent public year (2023), this organization brought in $96,723 more than it spent. Its reserves stood at about 5 months of spending, up from -9.9 in 2011. Staff pay was 43% 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
Frassati Residence's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works