Laverghetta Family Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 300,000 | 1,119 | 298,881 | 3205.2 | 0% |
| 2017 | 2,400 | 850 | 1,550 | 4241.4 | — |
| 2019 | 37,712 | 1,659 | 36,053 | 2490.7 | — |
| 2020 | 141,733 | 12,795 | 128,938 | 443.9 | — |
| 2021 | 45,215 | 1,316 | 43,899 | 4715.9 | 0% |
| 2022 | 868 | 34,574 | −33,706 | 167.8 | 0% |
| 2023 | 2,425 | 57,363 | −54,938 | 89.6 | 0% |
In its most recent public year (2023), this organization spent $54,938 more than it brought in. Its reserves stood at about 89.6 months of spending, down from 3205.2 in 2016. 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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