Chicago Latvian Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 95,895 | 97,151 | −1,256 | 12.5 | — |
| 2012 | 94,878 | 79,920 | 14,958 | 17.4 | — |
| 2013 | 95,642 | 95,802 | −160 | 14.5 | — |
| 2014 | 79,897 | 86,190 | −6,293 | 15.2 | — |
| 2015 | 101,179 | 98,153 | 3,026 | 13.8 | — |
| 2016 | 90,458 | 97,678 | −7,220 | 12.9 | — |
| 2017 | 86,407 | 85,673 | 734 | 14.8 | — |
| 2018 | 108,052 | 104,450 | 3,602 | 12.6 | — |
| 2019 | 97,400 | 83,171 | 14,229 | 19.5 | — |
| 2020 | 742,438 | 62,242 | 680,196 | 157.2 | 16% |
| 2021 | 6,878 | 10,165 | −3,287 | 958.9 | 0% |
| 2022 | 8,643 | 43,190 | −34,547 | 216.1 | 0% |
In its most recent public year (2022), this organization spent $34,547 more than it brought in. Its reserves stood at about 216.1 months of spending, up from 12.5 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 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
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