New Orleans Culinary And Hospitality Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,001,368 | 3,999,867 | −998,499 | 34.0 | 21% |
| 2021 | 4,779,662 | 3,413,373 | 1,366,289 | 44.6 | 8% |
| 2022 | 4,161,067 | 4,202,700 | −41,633 | 35.9 | 14% |
In its most recent public year (2022), this organization spent $41,633 more than it brought in. Its reserves stood at about 35.9 months of spending, up from 34 in 2020. Staff pay was 14% of spending. $1,763,053 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 2022. 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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