Latin American Economic Development Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 240,397 | 301,550 | −61,153 | 39.1 | 61% |
| 2013 | 298,987 | 334,304 | −35,317 | 34.9 | 58% |
| 2014 | 207,939 | 327,163 | −119,224 | 33.1 | 65% |
| 2015 | 204,903 | 317,288 | −112,385 | 29.9 | 65% |
| 2016 | 308,737 | 372,434 | −63,697 | 23.3 | 69% |
| 2017 | 654,941 | 478,099 | 176,842 | 23.0 | 65% |
| 2018 | 549,348 | 559,442 | −10,094 | 19.7 | 71% |
| 2019 | 374,632 | 503,159 | −128,527 | 19.1 | 64% |
| 2020 | 420,112 | 447,850 | −27,738 | 21.6 | 73% |
| 2021 | 553,523 | 555,471 | −1,948 | 18.3 | 70% |
| 2022 | 540,206 | 482,388 | 57,818 | 21.6 | 66% |
| 2023 | 498,545 | 524,347 | −25,802 | 19.6 | 70% |
In its most recent public year (2023), this organization spent $25,802 more than it brought in. Its reserves stood at about 19.6 months of spending, down from 39.1 in 2012. Staff pay was 70% of spending. $187,100 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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