Lutheran Education Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 370,676 | 470,771 | −100,095 | -3.1 | 55% |
| 2013 | 284,208 | 400,643 | −116,435 | -7.1 | 63% |
| 2014 | 1,460,169 | 1,099,737 | 360,432 | 1.4 | 23% |
| 2015 | 307,024 | 459,078 | −152,054 | -0.7 | 56% |
| 2016 | 361,791 | 536,226 | −174,435 | -4.5 | 49% |
| 2017 | 1,429,920 | 1,078,492 | 351,428 | 1.7 | 25% |
| 2018 | 439,600 | 671,787 | −232,187 | -1.5 | 41% |
| 2019 | 309,628 | 506,723 | −197,095 | -6.6 | 54% |
| 2020 | 1,459,272 | 1,256,474 | 202,798 | -0.7 | 20% |
| 2021 | 440,648 | 513,052 | −72,404 | -3.5 | 43% |
| 2022 | 560,848 | 611,522 | −50,674 | -4.2 | 38% |
| 2023 | 1,771,633 | 1,270,374 | 501,259 | 2.8 | 19% |
In its most recent public year (2023), this organization brought in $501,259 more than it spent. Its reserves stood at about 2.8 months of spending, up from -3.1 in 2012. Staff pay was 19% of spending. $78,342 of its net assets are donor-restricted.
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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