Frank Damazio Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 225,834 | 137,621 | 88,213 | 21.8 | 0% |
| 2018 | 130,272 | 175,727 | −45,455 | 13.9 | — |
| 2019 | 148,402 | 166,551 | −18,149 | 13.4 | — |
| 2020 | 96,396 | 149,105 | −52,709 | 10.7 | — |
| 2021 | 94,707 | 117,937 | −23,230 | 11.2 | — |
| 2022 | 149,322 | 93,458 | 55,864 | 21.3 | — |
| 2023 | 184,766 | 94,648 | 90,118 | 32.4 | — |
In its most recent public year (2023), this organization brought in $90,118 more than it spent. Its reserves stood at about 32.4 months of spending, up from 21.8 in 2017.
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
Frank Damazio Ministries'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