Monsignor Mccann Community Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 306,243 | 50,882 | 255,361 | 616.5 | 0% |
| 2021 | 362,255 | 86,194 | 276,061 | 402.4 | 0% |
| 2022 | 0 | 80,877 | −80,877 | 392.8 | 0% |
| 2023 | 198,989 | 74,425 | 124,564 | 446.9 | 0% |
In its most recent public year (2023), this organization brought in $124,564 more than it spent. Its reserves stood at about 446.9 months of spending, down from 616.5 in 2020. 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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