The Los Angeles Development Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 408,967 | 328,990 | 79,977 | 9.5 | 0% |
| 2012 | 1,050,168 | 407,744 | 642,424 | 25.7 | 0% |
| 2013 | 555,904 | 480,505 | 75,399 | 23.7 | 60% |
| 2014 | 628,969 | 484,742 | 144,227 | 27.0 | 70% |
| 2015 | 439,395 | 495,513 | −56,118 | 28.3 | 70% |
| 2016 | 468,772 | 467,440 | 1,332 | 30.7 | 76% |
| 2017 | 1,007,319 | 535,744 | 471,575 | 37.9 | 67% |
| 2018 | 1,403,313 | 628,330 | 774,983 | 47.3 | 35% |
| 2019 | 726,314 | 658,521 | 67,793 | 46.4 | 35% |
| 2020 | 2,114,130 | 631,679 | 1,482,451 | 76.5 | 38% |
| 2021 | 1,042,509 | 565,250 | 477,259 | 95.6 | 42% |
| 2022 | 1,538,531 | 670,049 | 868,482 | 96.1 | 47% |
| 2023 | 1,722,450 | 855,391 | 867,059 | 87.4 | 49% |
In its most recent public year (2023), this organization brought in $867,059 more than it spent. Its reserves stood at about 87.4 months of spending, up from 9.5 in 2011. Staff pay was 49% 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
The Los Angeles Development Fund's IRS filings as a feed — one entry per filing year, through 2023. 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