Ludington Area Catholic Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 70,354 | 101,428 | −31,074 | 250.0 | 0% |
| 2012 | 116,422 | 100,712 | 15,710 | 281.2 | 0% |
| 2013 | 537,063 | 86,834 | 450,229 | 373.6 | 0% |
| 2014 | 22,491 | 113,949 | −91,458 | 59.4 | 0% |
| 2015 | 39,915 | 122,466 | −82,551 | 46.0 | 0% |
| 2016 | 54,778 | 138,775 | −83,997 | 33.7 | 0% |
| 2017 | 88,478 | 125,400 | −36,922 | 36.9 | 0% |
| 2018 | 111,335 | 122,436 | −11,101 | 33.6 | 0% |
| 2019 | 120,527 | 124,690 | −4,163 | 36.2 | 0% |
| 2020 | 128,561 | 142,309 | −13,748 | 33.8 | 0% |
| 2021 | 142,204 | 166,698 | −24,494 | 27.1 | — |
| 2022 | 1,414,753 | 162,428 | 1,252,325 | 115.8 | 0% |
| 2023 | 212,442 | 148,285 | 64,157 | 132.0 | 0% |
In its most recent public year (2023), this organization brought in $64,157 more than it spent. Its reserves stood at about 132 months of spending, down from 250 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 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
Ludington Area Catholic Education Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works