Desormeaux Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 251,563 | 198,438 | 53,125 | 27.2 | 55% |
| 2012 | 232,961 | 221,785 | 11,176 | 25.0 | 54% |
| 2013 | 311,848 | 237,519 | 74,329 | 27.1 | 58% |
| 2014 | 333,934 | 270,247 | 63,687 | 26.6 | 60% |
| 2015 | 304,589 | 278,362 | 26,227 | 27.0 | 64% |
| 2016 | 406,648 | 375,991 | 30,657 | 21.0 | 54% |
| 2017 | 484,970 | 384,788 | 100,182 | 23.6 | 47% |
| 2018 | 430,789 | 399,421 | 31,368 | 23.7 | 40% |
| 2019 | 545,304 | 462,893 | 82,411 | 22.6 | 42% |
| 2020 | 451,488 | 326,007 | 125,481 | 36.7 | 48% |
| 2021 | 502,446 | 343,402 | 159,044 | 40.4 | 53% |
| 2022 | 554,953 | 482,036 | 72,917 | 30.6 | 50% |
| 2023 | 592,034 | 535,057 | 56,977 | 28.8 | 45% |
In its most recent public year (2023), this organization brought in $56,977 more than it spent. Its reserves stood at about 28.8 months of spending, up from 27.2 in 2011. Staff pay was 45% 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
Desormeaux 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