Joseph V Digirolamo Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,942 | 11,024 | −7,082 | 217.5 | — |
| 2012 | 3,810 | 12,015 | −8,205 | 191.4 | — |
| 2013 | 11,618 | 13,035 | −1,417 | 175.1 | — |
| 2014 | 47,051 | 12,386 | 34,665 | 217.8 | — |
| 2015 | 62,694 | 13,001 | 49,693 | 253.4 | 0% |
| 2016 | 3,749 | 15,828 | −12,079 | 199.0 | 0% |
| 2017 | 2,361 | 19,472 | −17,111 | 151.2 | 0% |
| 2018 | 2,539 | 14,015 | −11,476 | 200.2 | 0% |
| 2019 | 2,995 | 16,215 | −13,220 | 163.7 | 0% |
| 2020 | 715 | 15,040 | −14,325 | 165.0 | 0% |
| 2021 | 4,848 | 14,015 | −9,167 | 169.2 | 0% |
| 2022 | 86,762 | 16,125 | 70,637 | 199.7 | 0% |
| 2023 | 3,347 | 15,150 | −11,803 | 203.2 | 0% |
In its most recent public year (2023), this organization spent $11,803 more than it brought in. Its reserves stood at about 203.2 months of spending, down from 217.5 in 2011. 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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