Ludlow Boys & Girls Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,365,891 | 1,225,935 | 139,956 | 7.1 | 56% |
| 2021 | 1,675,153 | 1,225,999 | 449,154 | 11.5 | 64% |
| 2022 | 2,264,213 | 1,622,627 | 641,586 | 13.4 | 66% |
| 2023 | 2,152,428 | 1,867,033 | 285,395 | 13.5 | 63% |
In its most recent public year (2023), this organization brought in $285,395 more than it spent. Its reserves stood at about 13.5 months of spending, up from 7.1 in 2020. Staff pay was 63% of spending. $93,592 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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