Latinos Progresando
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 352,226 | 343,547 | 8,679 | 5.2 | 12% |
| 2012 | 317,162 | 339,339 | −22,177 | 4.4 | 11% |
| 2013 | 530,864 | 486,666 | 44,198 | 4.2 | 54% |
| 2014 | 603,556 | 583,779 | 19,777 | 2.9 | 56% |
| 2015 | 852,582 | 644,288 | 208,294 | 6.6 | 51% |
| 2016 | 601,918 | 718,870 | −116,952 | 3.9 | 54% |
| 2017 | 1,334,407 | 895,546 | 438,861 | 9.0 | 53% |
| 2018 | 1,390,889 | 1,100,270 | 290,619 | 10.5 | 46% |
| 2019 | 1,892,284 | 1,374,002 | 518,282 | 12.9 | 55% |
| 2020 | 2,110,273 | 1,708,185 | 402,088 | 13.2 | 60% |
| 2021 | 3,845,730 | 2,119,244 | 1,726,486 | 20.5 | 47% |
| 2022 | 5,179,126 | 2,691,329 | 2,487,797 | 27.2 | 42% |
| 2023 | 3,811,162 | 3,166,250 | 644,912 | 25.6 | 40% |
| 2024 | 5,246,916 | 3,758,776 | 1,488,140 | 26.3 | 38% |
In its most recent public year (2024), this organization brought in $1,488,140 more than it spent. Its reserves stood at about 26.3 months of spending, up from 5.2 in 2011. Staff pay was 38% of spending. $2,114,248 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 2024. 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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