L Anse Creuse Foundation For Educational Opportunities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 41,800 | 27,702 | 14,098 | 64.1 | 0% |
| 2013 | 45,756 | 40,233 | 5,523 | 45.8 | — |
| 2014 | 48,135 | 42,255 | 5,880 | 45.2 | — |
| 2015 | 43,604 | 38,773 | 4,831 | 50.8 | — |
| 2016 | 41,182 | 27,121 | 14,061 | 77.7 | — |
| 2017 | 45,690 | 28,792 | 16,898 | 80.4 | — |
| 2018 | 46,497 | 40,117 | 6,380 | 60.3 | — |
| 2019 | 47,874 | 36,336 | 11,538 | 71.1 | — |
| 2020 | 39,173 | 34,174 | 4,999 | 73.0 | — |
| 2021 | 13,747 | 7,884 | 5,863 | 398.2 | — |
| 2022 | 25,005 | 28,348 | −3,343 | 95.6 | — |
| 2023 | 43,418 | 41,217 | 2,201 | 71.3 | — |
In its most recent public year (2023), this organization brought in $2,201 more than it spent. Its reserves stood at about 71.3 months of spending, up from 64.1 in 2012.
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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