Lafayette Area Gymnastics Booster Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,754 | 17,291 | −7,537 | 4.5 | — |
| 2021 | 18,621 | 24,367 | −5,746 | 0.3 | — |
| 2022 | 21,991 | 18,537 | 3,454 | 2.7 | — |
| 2023 | 27,500 | 35,841 | −8,341 | -1.4 | — |
In its most recent public year (2023), this organization spent $8,341 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.4 months), down from 4.5 in 2020.
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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