Latrobe Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 428,690 | 430,930 | −2,240 | 82.1 | 0% |
| 2012 | 365,243 | 373,749 | −8,506 | 94.4 | 0% |
| 2013 | 328,572 | 381,484 | −52,912 | 85.6 | 0% |
| 2014 | 654,701 | 460,237 | 194,464 | 78.4 | 0% |
| 2015 | 129,833 | 400,183 | −270,350 | 82.1 | 0% |
| 2016 | 432,078 | 518,558 | −86,480 | 61.0 | 0% |
| 2017 | 302,014 | 388,167 | −86,153 | 78.8 | 0% |
| 2018 | 326,611 | 363,498 | −36,887 | 82.9 | 0% |
| 2019 | 537,939 | 411,680 | 126,259 | 77.0 | 0% |
| 2020 | 373,230 | 348,718 | 24,512 | 91.8 | 0% |
| 2021 | 1,073,943 | 359,794 | 714,149 | 112.7 | 0% |
| 2022 | 722,729 | 520,143 | 202,586 | 82.5 | 0% |
| 2023 | 958,838 | 1,046,849 | −88,011 | 40.1 | 0% |
In its most recent public year (2023), this organization spent $88,011 more than it brought in. Its reserves stood at about 40.1 months of spending, down from 82.1 in 2011. Staff pay was 0% of spending. $1,155,659 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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