The 705 Young Leaders For A Better Acadiana Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 63,166 | 47,707 | 15,459 | 9.0 | — |
| 2015 | 56,515 | 48,488 | 8,027 | 10.8 | — |
| 2016 | 48,920 | 66,917 | −17,997 | 4.6 | — |
| 2017 | 41,221 | 44,360 | −3,139 | 4.8 | — |
| 2018 | 46,908 | 46,297 | 611 | 4.7 | — |
| 2019 | 46,417 | 47,178 | −761 | 4.4 | — |
| 2020 | 45,162 | 32,911 | 12,251 | 10.8 | — |
| 2021 | 31,322 | 38,115 | −6,793 | 7.2 | — |
In its most recent public year (2021), this organization spent $6,793 more than it brought in. Its reserves stood at about 7.2 months of spending, down from 9 in 2014.
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 2021. 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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