Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 110,254,050 | 75,436,603 | 34,817,447 | 31.3 | 0% |
| 2021 | 362,601,504 | 72,524,105 | 290,077,399 | 83.1 | 0% |
| 2022 | 28,622,401 | 60,476,913 | −31,854,512 | 74.0 | 0% |
| 2023 | 30,726,696 | 57,604,482 | −26,877,786 | 82.7 | 0% |
In its most recent public year (2023), this organization spent $26,877,786 more than it brought in. Its reserves stood at about 82.7 months of spending, up from 31.3 in 2020. Staff pay was 0% 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
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