Latinos Unidos En Massachusetts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 158,375 | 93,802 | 64,573 | 0.0 | — |
| 2021 | 141,002 | 124,581 | 16,421 | 5.9 | — |
| 2022 | 214,477 | 149,839 | 64,638 | 10.5 | 51% |
| 2023 | 95,062 | 144,831 | −49,769 | 6.7 | — |
In its most recent public year (2023), this organization spent $49,769 more than it brought in. Its reserves stood at about 6.7 months of spending, up from 0 in 2020.
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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