Ludowici Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 50,851 | 49,315 | 1,536 | 136.0 | 0% |
| 2016 | 13,367 | 22,153 | −8,786 | 295.8 | 0% |
| 2017 | 3,100 | 44,762 | −41,662 | 135.2 | 0% |
| 2018 | 74,256 | 50,567 | 23,689 | 125.3 | 0% |
| 2019 | 11,702 | 166,418 | −154,716 | 26.9 | 0% |
| 2020 | 24,240 | 51,265 | −27,025 | 81.1 | 0% |
| 2021 | 14,768 | 54,078 | −39,310 | 68.2 | 0% |
| 2022 | 54,708 | 66,671 | −11,963 | 53.1 | 0% |
| 2023 | 60,785 | 83,159 | −22,374 | 39.4 | 0% |
In its most recent public year (2023), this organization spent $22,374 more than it brought in. Its reserves stood at about 39.4 months of spending, down from 136 in 2015. 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 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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