Joe And Kay Calvanese Foundation Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 129,034 | 134,477 | −5,443 | 40.2 | 0% |
| 2011 | 181,251 | 178,394 | 2,857 | 30.5 | 0% |
| 2012 | 124,787 | 88,255 | 36,532 | 68.2 | 0% |
| 2013 | 195,293 | 209,333 | −14,040 | 27.1 | 0% |
| 2014 | 92,425 | 83,112 | 9,313 | 70.8 | 0% |
| 2015 | 101,413 | 92,950 | 8,463 | 63.7 | 0% |
| 2016 | 176,201 | 154,188 | 22,013 | 39.3 | 0% |
| 2017 | 111,464 | 106,336 | 5,128 | 56.7 | 0% |
| 2018 | 108,728 | 78,441 | 30,287 | 76.3 | 0% |
| 2019 | 123,084 | 118,986 | 4,098 | 53.8 | 0% |
| 2020 | 39,146 | 53,216 | −14,070 | 126.3 | 0% |
| 2021 | 221,004 | 72,882 | 148,122 | 114.6 | 0% |
| 2022 | 78,854 | 76,970 | 1,884 | 95.2 | 0% |
| 2023 | 63,215 | 88,291 | −25,076 | 84.4 | 0% |
In its most recent public year (2023), this organization spent $25,076 more than it brought in. Its reserves stood at about 84.4 months of spending, up from 40.2 in 2010. 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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