Latvian Center Garezers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 922,082 | 934,937 | −12,855 | 19.8 | 33% |
| 2012 | 1,361,480 | 929,221 | 432,259 | 35.4 | 32% |
| 2013 | 897,651 | 974,794 | −77,143 | 34.9 | 31% |
| 2014 | 1,157,402 | 1,152,991 | 4,411 | 30.0 | 33% |
| 2015 | 1,505,601 | 1,326,141 | 179,460 | 27.6 | 4% |
| 2016 | 1,360,373 | 1,167,358 | 193,015 | 33.5 | 37% |
| 2017 | 1,127,463 | 1,197,373 | −69,910 | 32.4 | 35% |
| 2018 | 1,192,484 | 1,179,764 | 12,720 | 32.9 | 32% |
| 2019 | 1,359,803 | 1,245,057 | 114,746 | 33.0 | 33% |
| 2020 | 1,112,206 | 844,325 | 267,881 | 53.1 | 28% |
| 2021 | 1,156,418 | 1,141,461 | 14,957 | 41.7 | 35% |
| 2022 | 1,911,962 | 1,231,725 | 680,237 | 44.2 | 30% |
| 2023 | 1,210,832 | 1,195,262 | 15,570 | 46.7 | 31% |
In its most recent public year (2023), this organization brought in $15,570 more than it spent. Its reserves stood at about 46.7 months of spending, up from 19.8 in 2011. Staff pay was 31% of spending. $214,310 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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