L&B Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 142,194 | 140,264 | 1,930 | 0.5 | — |
| 2017 | 142,984 | 139,826 | 3,158 | 0.8 | — |
| 2018 | 377,942 | 365,767 | 12,175 | 0.4 | 37% |
| 2019 | 372,301 | 389,051 | −16,750 | 0.3 | 38% |
| 2020 | 361,765 | 335,274 | 26,491 | 1.3 | 20% |
| 2021 | 249,512 | 274,543 | −25,031 | 1.2 | 34% |
| 2022 | 667,776 | 581,317 | 86,459 | 4.7 | 36% |
| 2023 | 825,089 | 541,612 | 283,477 | 25.7 | 38% |
In its most recent public year (2023), this organization brought in $283,477 more than it spent. Its reserves stood at about 25.7 months of spending. Staff pay was 38% 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 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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