Latta Schools Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 625,592 | 233,041 | 392,551 | 202.3 | 0% |
| 2022 | 216,165 | 234,596 | −18,431 | 200.0 | 0% |
| 2023 | 248,170 | 250,713 | −2,543 | 187.1 | 0% |
| 2024 | 126,314 | 179,681 | −53,367 | 257.4 | 0% |
In its most recent public year (2024), this organization spent $53,367 more than it brought in. Its reserves stood at about 257.4 months of spending, up from 202.3 in 2021. 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 2024. 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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