Latvian Community Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 51,255 | 33,553 | 17,702 | 124.3 | 0% |
| 2012 | 59,711 | 43,876 | 15,835 | 99.5 | 0% |
| 2013 | 24,822 | 35,005 | −10,183 | 121.4 | 0% |
| 2014 | 138,837 | 34,933 | 103,904 | 157.4 | 0% |
| 2015 | 261,566 | 70,142 | 191,424 | 115.4 | 0% |
| 2016 | 771,588 | 75,370 | 696,218 | 218.2 | 0% |
| 2017 | 21,132 | 62,579 | −41,447 | 254.9 | 0% |
| 2018 | 16,439 | 90,077 | −73,638 | 167.3 | 0% |
| 2019 | 20,894 | 62,439 | −41,545 | 233.3 | 0% |
| 2020 | −27,987 | 51,530 | −79,517 | 264.2 | 0% |
| 2021 | 1,661 | 55,110 | −53,449 | 235.4 | 0% |
| 2022 | 49,464 | 69,274 | −19,810 | 183.6 | 0% |
| 2023 | 82,233 | 77,042 | 5,191 | 181.9 | 0% |
In its most recent public year (2023), this organization brought in $5,191 more than it spent. Its reserves stood at about 181.9 months of spending, up from 124.3 in 2011. 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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