Lacasa Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 394,557 | 548,644 | −154,087 | -42.3 | 21% |
| 2023 | 380,575 | 561,067 | −180,492 | -49.0 | 21% |
| 2024 | 383,703 | 588,695 | −204,992 | -50.9 | 18% |
In its most recent public year (2024), this organization spent $204,992 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-50.9 months), down from -42.3 in 2021. Staff pay was 18% 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 2024. 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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