Lafayette-West Lafayette Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 2,547,089 | 2,561,758 | −14,669 | 21.0 | 33% |
| 2017 | 2,648,136 | 2,448,181 | 199,955 | 23.0 | 36% |
| 2018 | 3,710,838 | 1,958,576 | 1,752,262 | 25.1 | 40% |
| 2019 | 1,967,702 | 2,140,160 | −172,458 | 21.3 | 45% |
| 2020 | 1,947,709 | 2,031,138 | −83,429 | 22.3 | 42% |
| 2021 | 2,407,037 | 2,203,241 | 203,796 | 21.7 | 40% |
| 2022 | 4,383,419 | 4,234,207 | 149,212 | 11.7 | 27% |
| 2023 | 8,743,963 | 8,384,783 | 359,180 | 6.4 | 14% |
In its most recent public year (2023), this organization brought in $359,180 more than it spent. Its reserves stood at about 6.4 months of spending, down from 21 in 2016. Staff pay was 14% of spending. $194,648 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
Lafayette-West Lafayette Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works