Friends Of Lafitte Corridor Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 174,032 | 105,015 | 69,017 | 15.6 | 58% |
| 2016 | 150,100 | 146,434 | 3,666 | 11.5 | — |
| 2017 | 212,405 | 152,586 | 59,819 | 15.7 | 62% |
| 2018 | 196,695 | 196,989 | −294 | 12.2 | 52% |
| 2019 | 268,694 | 249,480 | 19,214 | 10.5 | 47% |
| 2020 | 267,350 | 269,230 | −1,880 | 9.7 | 49% |
| 2021 | 400,194 | 264,356 | 135,838 | 16.0 | 55% |
| 2022 | 433,787 | 432,079 | 1,708 | 9.9 | 34% |
| 2023 | 522,753 | 518,639 | 4,114 | 8.3 | 39% |
In its most recent public year (2023), this organization brought in $4,114 more than it spent. Its reserves stood at about 8.3 months of spending, down from 15.6 in 2015. Staff pay was 39% of spending. $348,841 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
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