Saint Thomas More Endowment And Development Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 60,348 | 629,535 | −569,187 | 99.7 | 0% |
| 2021 | 4,550,033 | 1,899,017 | 2,651,016 | 49.8 | 0% |
| 2022 | 176 | 369,404 | −369,228 | 244.0 | 0% |
| 2023 | 100 | 1,317,000 | −1,316,900 | 56.4 | 0% |
In its most recent public year (2023), this organization spent $1,316,900 more than it brought in. Its reserves stood at about 56.4 months of spending, down from 99.7 in 2020. Staff pay was 0% of spending. $62,850 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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