Lafayette Tournament Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 57,818 | 59,394 | −1,576 | 9.0 | — |
| 2012 | 62,276 | 67,294 | −5,018 | 7.1 | — |
| 2013 | 74,755 | 81,261 | −6,506 | 4.9 | — |
| 2014 | 75,787 | 60,006 | 15,781 | 9.8 | — |
| 2015 | 52,899 | 62,852 | −9,953 | 7.4 | — |
| 2016 | 54,486 | 41,709 | 12,777 | 14.9 | — |
| 2017 | 61,173 | 76,804 | −15,631 | 5.6 | — |
| 2018 | 14,447 | 23,989 | −9,542 | 13.3 | — |
| 2022 | 111,223 | 94,542 | 16,681 | 11.8 | — |
| 2023 | 123,487 | 66,803 | 56,684 | 26.9 | — |
In its most recent public year (2023), this organization brought in $56,684 more than it spent. Its reserves stood at about 26.9 months of spending, up from 9 in 2011.
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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