Centro Latino Of Shelbyville Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 246,936 | 157,830 | 89,106 | 16.2 | 29% |
| 2020 | 549,674 | 271,471 | 278,203 | 22.2 | 21% |
| 2021 | 32,846 | 210,708 | −177,862 | 18.2 | 29% |
| 2022 | 223,101 | 257,129 | −34,028 | 13.3 | 23% |
| 2023 | 304,678 | 306,516 | −1,838 | 11.1 | 23% |
| 2024 | 295,031 | 324,567 | −29,536 | 9.4 | 26% |
In its most recent public year (2024), this organization spent $29,536 more than it brought in. Its reserves stood at about 9.4 months of spending, down from 16.2 in 2019. Staff pay was 26% 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 2024. 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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