Louisiana Elite Basketball Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 40,000 | 40,000 | 0 | 0.0 | — |
| 2017 | 40,000 | 40,000 | 0 | 0.0 | — |
| 2018 | 45,000 | 45,000 | 0 | 0.0 | — |
| 2019 | 72,060 | 72,060 | 0 | 0.0 | — |
| 2020 | 22,300 | 2,925 | 19,375 | 79.5 | — |
| 2021 | 52,760 | 35,391 | 17,369 | 12.5 | — |
| 2022 | 30,000 | 55,030 | −25,030 | 2.6 | — |
| 2023 | 35,000 | 69,030 | −34,030 | -5.9 | — |
In its most recent public year (2023), this organization spent $34,030 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-5.9 months), down from 0 in 2016.
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
Louisiana Elite Basketball Club'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