Lafayette 56ers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 34,063 | 32,444 | 1,619 | 3.7 | — |
| 2012 | 35,260 | 31,859 | 3,401 | 5.0 | — |
| 2013 | 35,259 | 33,484 | 1,775 | 5.4 | — |
| 2014 | 22,138 | 25,287 | −3,149 | 4.8 | — |
| 2015 | 20,000 | 20,800 | −800 | 7.5 | — |
| 2016 | 23,320 | 22,385 | 935 | 6.9 | — |
| 2017 | 28,980 | 33,148 | −4,168 | 4.2 | — |
| 2018 | 34,976 | 34,767 | 209 | 3.7 | — |
| 2019 | 28,737 | 35,319 | −6,582 | 1.4 | — |
| 2020 | 7,641 | 3,470 | 4,171 | 28.3 | — |
In its most recent public year (2020), this organization brought in $4,171 more than it spent. Its reserves stood at about 28.3 months of spending, up from 3.7 in 2011.
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 2020. 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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