Friends Of The Rosary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 66,980 | 28,922 | 38,058 | 222.3 | 0% |
| 2021 | 90,068 | 29,082 | 60,986 | 246.2 | 0% |
| 2022 | 53,385 | 574,560 | −521,175 | 1.2 | 0% |
In its most recent public year (2022), this organization spent $521,175 more than it brought in. Its reserves stood at about 1.2 months of spending, down from 222.3 in 2020. 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 2022. 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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