The Laredo Area Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 593,495 | 326,603 | 266,892 | 105.5 | 0% |
| 2012 | 1,039,378 | 413,918 | 625,460 | 102.8 | 0% |
| 2013 | 1,293,489 | 307,180 | 986,309 | 183.3 | 0% |
| 2014 | 2,045,128 | 381,621 | 1,663,507 | 200.6 | 0% |
| 2015 | 2,839,627 | 303,980 | 2,535,647 | 335.4 | 0% |
| 2016 | 1,229,896 | 632,468 | 597,428 | 180.2 | 2% |
| 2017 | 1,633,736 | 715,670 | 918,066 | 185.9 | 4% |
| 2018 | 1,587,352 | 824,714 | 762,638 | 162.1 | 5% |
| 2019 | 1,713,169 | 776,406 | 936,763 | 209.3 | 7% |
| 2020 | 1,784,964 | 1,099,709 | 685,255 | 165.5 | 5% |
| 2021 | 2,422,283 | 1,002,908 | 1,419,375 | 206.4 | 5% |
| 2022 | 1,353,166 | 917,347 | 435,819 | 198.8 | 5% |
In its most recent public year (2022), this organization brought in $435,819 more than it spent. Its reserves stood at about 198.8 months of spending, up from 105.5 in 2011. Staff pay was 5% of spending. $14,373,886 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 2022. 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
The Laredo Area Community Foundation's IRS filings as a feed — one entry per filing year, through 2022. 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