Lutheran Adoption Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,248,392 | 4,044,112 | 204,280 | 5.8 | 64% |
| 2021 | 3,808,020 | 3,914,837 | −106,817 | 5.6 | 62% |
| 2022 | 3,871,618 | 3,890,354 | −18,736 | 5.6 | 63% |
| 2023 | 3,256,056 | 3,481,083 | −225,027 | 5.8 | 65% |
In its most recent public year (2023), this organization spent $225,027 more than it brought in. Its reserves stood at about 5.8 months of spending. Staff pay was 65% of spending. $2,401 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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