Midlands Latino Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 150,540 | 145,658 | 4,882 | 3.8 | — |
| 2012 | 114,080 | 113,514 | 566 | 5.0 | — |
| 2013 | 120,115 | 122,719 | −2,604 | 4.3 | — |
| 2014 | 144,645 | 122,906 | 21,739 | 6.5 | — |
| 2015 | 152,001 | 126,378 | 25,623 | 8.4 | — |
| 2016 | 898,104 | 152,687 | 745,417 | 73.3 | 40% |
| 2017 | 260,202 | 221,349 | 38,853 | 52.7 | 57% |
| 2018 | 464,358 | 248,013 | 216,345 | 57.5 | 59% |
| 2019 | 344,941 | 346,793 | −1,852 | 41.0 | 61% |
| 2020 | 206,455 | 296,631 | −90,176 | 44.3 | 62% |
| 2021 | 446,570 | 407,117 | 39,453 | 32.2 | 36% |
| 2022 | 525,791 | 489,277 | 36,514 | 27.7 | 55% |
| 2023 | 483,552 | 528,428 | −44,876 | 12.8 | 46% |
In its most recent public year (2023), this organization spent $44,876 more than it brought in. Its reserves stood at about 12.8 months of spending, up from 3.8 in 2011. Staff pay was 46% of spending. $240,885 of its net assets are donor-restricted.
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
Midlands Latino Community Development Corporation'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