Galeo Latino Community Development Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 122,903 | 148,540 | −25,637 | 2.5 | — |
| 2012 | 131,605 | 134,279 | −2,674 | 2.5 | — |
| 2013 | 72,793 | 75,492 | −2,699 | 4.1 | — |
| 2014 | 152,978 | 134,478 | 18,500 | 1.7 | 43% |
| 2015 | 121,850 | 119,479 | 2,371 | 0.2 | 52% |
| 2016 | 221,216 | 198,643 | 22,573 | 4.2 | 41% |
| 2017 | 378,350 | 215,067 | 163,283 | 12.9 | 60% |
| 2018 | 345,055 | 309,139 | 35,916 | 10.4 | 70% |
| 2019 | 576,471 | 366,762 | 209,709 | 16.1 | 54% |
| 2020 | 2,336,940 | 1,436,228 | 900,712 | 11.2 | 34% |
| 2021 | 1,727,824 | 915,789 | 812,035 | 28.3 | 47% |
| 2022 | 1,901,294 | 2,193,613 | −292,319 | 10.2 | 64% |
| 2023 | 1,867,943 | 2,026,738 | −158,795 | 10.1 | 75% |
In its most recent public year (2023), this organization spent $158,795 more than it brought in. Its reserves stood at about 10.1 months of spending, up from 2.5 in 2011. Staff pay was 75% 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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