South Louisiana Charter Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 15,271,752 | 15,293,215 | −21,463 | -4.6 | 34% |
| 2021 | 17,110,169 | 16,642,159 | 468,010 | -3.9 | 30% |
| 2022 | 18,514,680 | 19,191,889 | −677,209 | -3.8 | 28% |
| 2023 | 22,163,892 | 22,673,865 | −509,973 | -3.4 | 26% |
In its most recent public year (2023), this organization spent $509,973 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.4 months), up from -4.6 in 2020. Staff pay was 26% of spending.
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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