Latin American Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,007,896 | 3,340,459 | −332,563 | 33.2 | 44% |
| 2012 | 2,205,946 | 2,811,461 | −605,515 | 36.9 | 49% |
| 2013 | 2,309,088 | 2,673,286 | −364,198 | 37.2 | 49% |
| 2014 | 5,328,814 | 3,160,506 | 2,168,308 | 39.7 | 50% |
| 2015 | 2,744,351 | 3,553,952 | −809,601 | 32.5 | 49% |
| 2016 | 3,178,514 | 3,582,553 | −404,039 | 30.9 | 52% |
| 2017 | 5,655,774 | 3,759,451 | 1,896,323 | 35.5 | 53% |
| 2018 | 3,558,282 | 4,291,678 | −733,396 | 29.1 | 52% |
| 2019 | 3,644,019 | 4,478,356 | −834,337 | 25.6 | 53% |
| 2020 | 4,905,254 | 4,152,440 | 752,814 | 28.3 | 50% |
| 2021 | 5,845,101 | 4,828,504 | 1,016,597 | 30.2 | 46% |
| 2022 | 4,455,761 | 5,446,528 | −990,767 | 26.1 | 49% |
| 2023 | 6,306,789 | 6,324,073 | −17,284 | 24.6 | 52% |
In its most recent public year (2023), this organization spent $17,284 more than it brought in. Its reserves stood at about 24.6 months of spending, down from 33.2 in 2011. Staff pay was 52% of spending. $6,679,829 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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