The Joseph Lombardo Memorial Scholarship Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 53,350 | 25 | 53,325 | 25596.0 | — |
| 2017 | 38,139 | 1,088 | 37,051 | 996.8 | — |
| 2018 | 34,146 | 877 | 33,269 | 1691.8 | — |
| 2019 | 6,888 | 8,800 | −1,912 | 166.0 | — |
| 2020 | 4,505 | 8,437 | −3,932 | 198.6 | — |
| 2021 | 1,429 | 10,075 | −8,646 | 159.7 | — |
| 2022 | −3,826 | 9,850 | −13,676 | 133.5 | — |
| 2023 | 674 | 10,950 | −10,276 | 119.7 | — |
In its most recent public year (2023), this organization spent $10,276 more than it brought in. Its reserves stood at about 119.7 months of spending, down from 25596 in 2016.
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
The Joseph Lombardo Memorial Scholarship 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