Walter And Edward Luedke Memorial Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 424 | 15,711 | −15,287 | 107.1 | 0% |
| 2021 | 24,510 | 17,021 | 7,489 | 104.2 | 0% |
| 2022 | 19,697 | 26,929 | −7,232 | 62.6 | 0% |
| 2023 | 21,509 | 5,369 | 16,140 | 350.1 | 0% |
In its most recent public year (2023), this organization brought in $16,140 more than it spent. Its reserves stood at about 350.1 months of spending, up from 107.1 in 2020. Staff pay was 0% 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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