Louisville Youth Group Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 274,833 | 276,294 | −1,461 | 2.1 | 33% |
| 2021 | 389,637 | 338,995 | 50,642 | 4.0 | 39% |
| 2022 | 384,785 | 341,344 | 43,441 | 8.6 | 39% |
| 2023 | 428,645 | 447,349 | −18,704 | 4.2 | 37% |
In its most recent public year (2023), this organization spent $18,704 more than it brought in. Its reserves stood at about 4.2 months of spending, up from 2.1 in 2020. Staff pay was 37% 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
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