Lambda Theta Phi Latin Fraternity Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 196,301 | 79,770 | 116,531 | 27.5 | — |
| 2021 | 191,596 | 89,857 | 101,739 | 38.0 | — |
| 2022 | 191,289 | 121,637 | 69,652 | 35.0 | 0% |
| 2023 | 223,747 | 285,015 | −61,268 | 12.3 | 9% |
In its most recent public year (2023), this organization spent $61,268 more than it brought in. Its reserves stood at about 12.3 months of spending, down from 27.5 in 2020. Staff pay was 9% 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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