Lutheran Financial Managers Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 42,539 | 41,962 | 577 | 6.0 | — |
| 2012 | 42,261 | 42,745 | −484 | 5.8 | — |
| 2013 | 43,028 | 44,062 | −1,034 | 5.3 | — |
| 2014 | 31,954 | 32,973 | −1,019 | 6.7 | — |
| 2015 | 34,563 | 34,743 | −180 | 3.7 | — |
| 2016 | 34,136 | 36,107 | −1,971 | 5.4 | — |
| 2017 | 36,133 | 37,009 | −876 | 5.0 | — |
| 2018 | 31,468 | 35,266 | −3,798 | 4.0 | — |
| 2019 | 31,480 | 36,343 | −4,863 | 2.2 | — |
| 2020 | 55 | 11,162 | −11,107 | -4.7 | — |
| 2021 | 55,693 | 54,918 | 775 | -0.6 | — |
| 2022 | 45,873 | 14,614 | 31,259 | 23.4 | — |
| 2023 | 5,994 | 28,595 | −22,601 | 2.5 | — |
In its most recent public year (2023), this organization spent $22,601 more than it brought in. Its reserves stood at about 2.5 months of spending, down from 6 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
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