Hogar Padre Venard Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 237,494 | 299,575 | −62,081 | 68.1 | 14% |
| 2020 | 52,567 | 78,338 | −25,771 | 260.2 | 39% |
| 2021 | 257,093 | 251,738 | 5,355 | 80.0 | 46% |
| 2022 | 167,943 | 156,142 | 11,801 | 129.9 | 21% |
| 2023 | 150,623 | 199,635 | −49,012 | 98.7 | 9% |
In its most recent public year (2023), this organization spent $49,012 more than it brought in. Its reserves stood at about 98.7 months of spending, up from 68.1 in 2019. Staff pay was 9% of spending. $50,000 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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