Lafayette Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 48,495 | 58,327 | −9,832 | 8.0 | — |
| 2012 | 55,355 | 60,116 | −4,761 | 6.8 | — |
| 2013 | 44,447 | 52,424 | −7,977 | 6.0 | — |
| 2016 | 79,715 | 73,617 | 6,098 | 11.8 | — |
| 2017 | 81,051 | 61,436 | 19,615 | 17.9 | — |
| 2018 | 83,855 | 75,902 | 7,953 | 15.8 | — |
| 2019 | 82,839 | 58,438 | 24,401 | 25.5 | — |
| 2020 | 81,362 | 61,638 | 19,724 | 28.0 | — |
| 2021 | 82,192 | 78,993 | 3,199 | 22.3 | — |
| 2022 | 91,352 | 81,520 | 9,832 | 27.3 | — |
| 2023 | 85,574 | 70,342 | 15,232 | 34.2 | — |
In its most recent public year (2023), this organization brought in $15,232 more than it spent. Its reserves stood at about 34.2 months of spending, up from 8 in 2011.
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
Lafayette Development Corporation'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