Loop Nola
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 91,879 | 84,898 | 6,981 | 2.2 | 64% |
| 2016 | 91,879 | 84,898 | 6,981 | 2.2 | 64% |
| 2017 | 247,666 | 197,771 | 49,895 | 5.0 | 71% |
| 2018 | 193,187 | 229,743 | −36,556 | 4.1 | 70% |
| 2019 | 270,187 | 262,813 | 7,374 | 3.6 | 62% |
| 2020 | 244,844 | 253,473 | −8,629 | 3.3 | 68% |
| 2021 | 256,775 | 247,019 | 9,756 | 3.8 | 60% |
| 2022 | 303,590 | 261,490 | 42,100 | 5.6 | 66% |
| 2023 | 233,923 | 299,800 | −65,877 | 2.2 | 58% |
In its most recent public year (2023), this organization spent $65,877 more than it brought in. Its reserves stood at about 2.2 months of spending. Staff pay was 58% of spending. $16,000 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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