Friends Of Catholic Education Endowment Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 291,790 | 295,236 | −3,446 | 41.4 | 0% |
| 2012 | 402,404 | 314,030 | 88,374 | 42.6 | 0% |
| 2013 | 620,798 | 298,488 | 322,310 | 57.7 | 0% |
| 2014 | 386,495 | 301,488 | 85,007 | 60.3 | 0% |
| 2015 | 350,637 | 297,368 | 53,269 | 63.7 | 0% |
| 2016 | 474,083 | 306,604 | 167,479 | 68.4 | 0% |
| 2017 | 510,505 | 333,345 | 177,160 | 69.0 | 0% |
| 2018 | 703,416 | 348,282 | 355,134 | 87.8 | 0% |
| 2019 | 512,235 | 316,388 | 195,847 | 114.8 | 0% |
| 2020 | 964,057 | 294,827 | 669,230 | 162.3 | 0% |
| 2021 | 1,448,725 | 302,403 | 1,146,322 | 220.4 | 0% |
| 2022 | 1,420,131 | 280,155 | 1,139,976 | 249.9 | 0% |
| 2023 | 930,452 | 312,319 | 618,133 | 274.6 | 0% |
In its most recent public year (2023), this organization brought in $618,133 more than it spent. Its reserves stood at about 274.6 months of spending, up from 41.4 in 2011. 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 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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