Foundation For The Advancement Of Catholic Schools Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2022 | $463,279 | $874,068 | −$410,789 | 180.8 | 20% |
| 2023 | $520,809 | $1,205,855 | −$685,046 | 137.2 | 0% |
In its most recent public year (2023), this organization spent $685,046 more than it brought in. Its reserves stood at about 137.2 months of spending, down from 180.8 in 2022. Staff pay was 0% of spending. $13,352,286 of its net assets are donor-restricted.
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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