Laurels Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 919,480 | 1,039,673 | −120,193 | 0.9 | 46% |
| 2012 | 1,060,924 | 1,102,304 | −41,380 | 0.4 | 46% |
| 2013 | 936,512 | 1,116,092 | −179,580 | -0.7 | 46% |
| 2014 | 1,036,656 | 1,115,470 | −78,814 | 0.2 | 46% |
| 2015 | 1,026,730 | 1,247,414 | −220,684 | -0.1 | 41% |
| 2016 | 904,475 | 1,059,532 | −155,057 | -0.6 | 47% |
| 2017 | 1,025,635 | 1,061,033 | −35,398 | 0.4 | 44% |
| 2018 | 1,056,001 | 1,083,081 | −27,080 | 1.4 | 44% |
| 2019 | 1,056,488 | 1,124,289 | −67,801 | 1.8 | 44% |
| 2020 | 999,986 | 1,155,714 | −155,728 | 1.4 | 45% |
| 2022 | 1,272,638 | 1,349,293 | −76,655 | 0.6 | 47% |
| 2023 | 1,309,431 | 1,230,880 | 78,551 | 1.5 | 47% |
In its most recent public year (2023), this organization brought in $78,551 more than it spent. Its reserves stood at about 1.5 months of spending. Staff pay was 47% 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
Laurels Incorporated'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