Canale Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 578,778 | 322,172 | 256,606 | 356.0 | 0% |
| 2012 | 598,796 | 284,423 | 314,373 | 415.8 | 0% |
| 2013 | 1,736,147 | 619,453 | 1,116,694 | 216.3 | 0% |
| 2014 | 853,029 | 1,584,166 | −731,137 | 82.0 | 0% |
| 2015 | 1,030,738 | 479,203 | 551,535 | 276.9 | 0% |
| 2016 | 9,413,127 | 991,582 | 8,421,545 | 224.6 | 0% |
| 2017 | 388,934 | 556,681 | −167,747 | 412.2 | 0% |
| 2018 | 771,257 | 593,847 | 177,410 | 392.1 | 0% |
| 2019 | 401,497 | 634,013 | −232,516 | 362.8 | 0% |
| 2020 | 483,819 | 583,233 | −99,414 | 378.2 | 0% |
| 2021 | 822,078 | 338,007 | 484,071 | 746.8 | 0% |
| 2022 | 1,248,947 | 361,534 | 887,413 | 665.1 | 0% |
| 2023 | 249,415 | 229,545 | 19,870 | 1053.5 | 0% |
In its most recent public year (2023), this organization brought in $19,870 more than it spent. Its reserves stood at about 1053.5 months of spending, up from 356 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
Canale Foundation Inc'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