Gloria M Silverio Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 451,730 | 443,221 | 8,509 | 11.6 | 8% |
| 2021 | 544,064 | 492,596 | 51,468 | 11.9 | 7% |
| 2022 | 665,603 | 512,441 | 153,162 | 15.1 | 7% |
| 2023 | 564,149 | 532,723 | 31,426 | 15.2 | 7% |
In its most recent public year (2023), this organization brought in $31,426 more than it spent. Its reserves stood at about 15.2 months of spending, up from 11.6 in 2020. Staff pay was 7% of spending. $226,132 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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