Louisiana Workforce Education Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 124,000 | 52,736 | 71,264 | 16.2 | — |
| 2015 | 755,000 | 875,574 | −120,574 | -0.7 | 0% |
| 2016 | 1,606,072 | 1,370,714 | 235,358 | 1.6 | 0% |
| 2017 | 733,746 | 753,534 | −19,788 | 2.6 | 0% |
| 2018 | 522,582 | 503,275 | 19,307 | 4.4 | 0% |
| 2019 | 17,516 | 228,821 | −211,305 | -1.3 | 0% |
| 2020 | 19,000 | 2,467 | 16,533 | -44.8 | 0% |
In its most recent public year (2020), this organization brought in $16,533 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-44.8 months), down from 16.2 in 2014. Staff pay was 0% 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 2020. 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
Louisiana Workforce Education Initiative's IRS filings as a feed — one entry per filing year, through 2020. 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