Bread Of Life Community Development Corporation Of Louisiana
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 386,108 | 243,734 | 142,374 | 6.7 | 0% |
| 2021 | 708,540 | 308,064 | 400,476 | 20.9 | 0% |
| 2022 | 144,833 | 202,234 | −57,401 | 28.4 | 43% |
| 2023 | 1,162,936 | 863,207 | 299,729 | 10.8 | 14% |
In its most recent public year (2023), this organization brought in $299,729 more than it spent. Its reserves stood at about 10.8 months of spending, up from 6.7 in 2020. Staff pay was 14% of spending. $291,345 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 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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