everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Latin Americans For Social And Economic Development Inc

Detroit, MI / EIN 38-1892670 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2010662,485769,977−107,49227.142%
2011505,836655,973−150,13729.040%
2012444,574639,634−195,06026.141%
2013780,481568,741211,74033.837%
2014655,266636,97418,29230.641%
2015680,388750,181−69,79324.844%
2016776,065856,421−80,35620.645%
2017790,513843,863−53,35020.248%
2018825,009433,766391,24339.00%
2019883,748859,40524,34320.051%
2020846,361783,40162,96022.948%
2021989,377983,2686,10918.352%
20221,251,9711,005,732246,23920.955%
20231,195,1131,086,072109,04120.556%

In its most recent public year (2023), this organization brought in $109,041 more than it spent. Its reserves stood at about 20.5 months of spending, down from 27.1 in 2010. Staff pay was 56% of spending. $79,758 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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