Workforce Development Corporation Southeast Los Angeles County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,583,969 | 7,583,060 | 909 | 1.0 | 32% |
| 2012 | 6,795,672 | 6,792,627 | 3,045 | 1.1 | 33% |
| 2013 | 7,239,714 | 6,953,186 | 286,528 | 1.6 | 30% |
| 2014 | 7,229,648 | 7,128,998 | 100,650 | 1.7 | 31% |
| 2015 | 8,670,174 | 8,701,021 | −30,847 | 1.4 | 28% |
| 2016 | 8,789,889 | 8,793,444 | −3,555 | 1.4 | 24% |
| 2017 | 7,683,451 | 7,794,552 | −111,101 | 1.1 | 30% |
| 2018 | 8,360,613 | 8,429,402 | −68,789 | 0.9 | 25% |
| 2019 | 8,456,252 | 8,380,747 | 75,505 | 1.0 | 24% |
| 2020 | 7,803,022 | 8,030,697 | −227,675 | 0.7 | 25% |
| 2021 | 9,280,376 | 9,196,086 | 84,290 | 0.7 | 23% |
| 2022 | 9,291,553 | 9,355,642 | −64,089 | 0.6 | 23% |
| 2023 | 10,217,517 | 10,275,679 | −58,162 | 0.5 | 25% |
In its most recent public year (2023), this organization spent $58,162 more than it brought in. Its reserves stood at about 0.5 months of spending. Staff pay was 25% 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
Workforce Development Corporation Southeast Los Angeles County Inc'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