Frank Fernicola Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 200,000 | 0 | 200,000 | — | — |
| 2019 | 1,148 | 64,072 | −62,924 | 25.7 | 0% |
| 2020 | 2,486 | 11,975 | −9,489 | 127.9 | 0% |
| 2021 | 446 | 28,154 | −27,708 | 42.6 | 0% |
| 2022 | 202 | 35,506 | −35,304 | 22.4 | 0% |
| 2023 | 29,913 | 33,604 | −3,691 | 22.3 | 0% |
In its most recent public year (2023), this organization spent $3,691 more than it brought in. Its reserves stood at about 22.3 months of spending. 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
Frank Fernicola Foundation'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