The Luzerne Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 11,870,235 | 12,363,471 | −493,236 | 18.2 | 2% |
| 2012 | 12,562,541 | 12,185,930 | 376,611 | 20.1 | 2% |
| 2013 | 18,690,159 | 16,375,060 | 2,315,099 | 18.3 | 1% |
| 2014 | 19,026,901 | 19,058,491 | −31,590 | 16.4 | 1% |
| 2015 | 19,518,396 | 17,314,882 | 2,203,514 | 18.7 | 1% |
| 2016 | 16,061,262 | 16,362,041 | −300,779 | 20.4 | 2% |
| 2017 | 18,821,500 | 16,742,345 | 2,079,155 | 23.0 | 2% |
| 2018 | 17,901,416 | 19,051,614 | −1,150,198 | 18.1 | 2% |
| 2019 | 18,355,213 | 16,679,735 | 1,675,478 | 24.8 | 2% |
| 2020 | 3,733,290 | 3,852,560 | −119,270 | 115.6 | 11% |
| 2021 | 4,874,447 | 3,229,439 | 1,645,008 | 158.6 | 14% |
| 2022 | 20,972,961 | 5,708,646 | 15,264,315 | 105.5 | 9% |
| 2023 | 7,103,977 | 6,208,645 | 895,332 | 110.0 | 9% |
In its most recent public year (2023), this organization brought in $895,332 more than it spent. Its reserves stood at about 110 months of spending, up from 18.2 in 2011. Staff pay was 9% of spending. $1,314,349 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
The Luzerne Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works