Latino Memphis Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 152,850 | 164,970 | −12,120 | -0.6 | — |
| 2012 | 209,875 | 156,087 | 53,788 | 3.5 | 62% |
| 2013 | 677,548 | 323,723 | 353,825 | 14.8 | 58% |
| 2014 | 854,734 | 658,638 | 196,096 | 10.9 | 63% |
| 2015 | 860,266 | 713,516 | 146,750 | 12.1 | 61% |
| 2016 | 688,638 | 780,004 | −91,366 | 9.1 | 70% |
| 2017 | 1,401,702 | 1,353,057 | 48,645 | 5.7 | 55% |
| 2018 | 1,300,540 | 1,454,403 | −153,863 | 4.0 | 57% |
| 2019 | 729,296 | 1,058,988 | −329,692 | 1.8 | 61% |
| 2020 | 1,357,677 | 904,177 | 453,500 | 8.1 | 65% |
| 2021 | 1,558,058 | 1,064,021 | 494,037 | 12.7 | 61% |
| 2022 | 1,355,114 | 1,310,501 | 44,613 | 10.3 | 60% |
| 2023 | 2,307,228 | 1,816,444 | 490,784 | 10.7 | 61% |
| 2024 | 1,833,664 | 2,452,935 | −619,271 | 4.9 | 64% |
In its most recent public year (2024), this organization spent $619,271 more than it brought in. Its reserves stood at about 4.9 months of spending, up from -0.6 in 2011. Staff pay was 64% of spending. $120,035 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 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
Latino Memphis Inc's IRS filings as a feed — one entry per filing year, through 2024. 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