Louis Hernandez Jrs Foundation For A Bright Future Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 18,988 | 5,407 | 13,581 | 30.1 | — |
| 2013 | 155 | 2,788 | −2,633 | 47.1 | — |
| 2014 | 0 | 1,310 | −1,310 | 88.3 | — |
| 2015 | 0 | 2,773 | −2,773 | 29.7 | — |
| 2016 | 0 | 1,918 | −1,918 | 31.0 | — |
| 2017 | 0 | 3,518 | −3,518 | 4.9 | — |
| 2018 | 49,428 | 32,527 | 16,901 | 6.8 | — |
| 2019 | 22,351 | 39,535 | −17,184 | 0.3 | — |
| 2020 | 75,695 | 114,075 | −38,380 | -3.9 | — |
| 2021 | 202,721 | 146,033 | 56,688 | 0.9 | 45% |
| 2022 | 290,840 | 219,367 | 71,473 | 4.5 | 34% |
| 2023 | 280,565 | 399,620 | −119,055 | -0.0 | 33% |
In its most recent public year (2023), this organization spent $119,055 more than it brought in. Its reserves stood at about 0 months of spending, down from 30.1 in 2012. Staff pay was 33% 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
Louis Hernandez Jrs Foundation For A Bright Future Inc'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