Ave Maria Foundation Of Memphis Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,480,830 | 103,114 | 1,377,716 | 290.8 | 5% |
| 2012 | 678,011 | 58,562 | 619,449 | 542.9 | 0% |
| 2013 | 1,120,072 | 79,392 | 1,040,680 | 479.5 | 0% |
| 2014 | 1,523,590 | 241,622 | 1,281,968 | 202.7 | 0% |
| 2015 | 765,892 | 245,015 | 520,877 | 224.1 | 0% |
| 2016 | 805,654 | 247,706 | 557,948 | 246.2 | 0% |
| 2017 | 999,622 | 261,768 | 737,854 | 272.3 | 0% |
| 2018 | 433,237 | 211,807 | 221,430 | 354.6 | 0% |
| 2019 | 231,326 | 94,822 | 136,504 | 814.8 | 0% |
| 2020 | 284,680 | 341,353 | −56,673 | 223.0 | 63% |
| 2021 | 353,501 | 344,417 | 9,084 | 227.0 | 67% |
| 2022 | 474,714 | 354,883 | 119,831 | 217.3 | 66% |
| 2023 | 767,307 | 240,260 | 527,047 | 341.9 | 74% |
In its most recent public year (2023), this organization brought in $527,047 more than it spent. Its reserves stood at about 341.9 months of spending, up from 290.8 in 2011. Staff pay was 74% of spending. $81,174 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
Ave Maria Foundation Of Memphis 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