Lutheran Development Group Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 93,624 | 35,099 | 58,525 | 20.0 | — |
| 2016 | 133,939 | 158,832 | −24,893 | 2.5 | — |
| 2017 | 644,475 | 413,206 | 231,269 | 7.0 | 40% |
| 2018 | 478,639 | 465,416 | 13,223 | 6.6 | 61% |
| 2019 | 789,366 | 1,191,122 | −401,756 | -1.5 | 34% |
| 2021 | 1,387,643 | 1,480,117 | −92,474 | -4.6 | 36% |
| 2022 | 1,515,644 | 1,647,993 | −132,349 | -5.1 | 38% |
In its most recent public year (2022), this organization spent $132,349 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-5.1 months), down from 20 in 2015. Staff pay was 38% of spending. $149,768 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
Lutheran Development Group Inc's IRS filings as a feed — one entry per filing year, through 2022. 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