everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Laozhuang Foundation Inc

Magnolia, TX / EIN 61-1502305 / Form 990-EZ / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201125,44541,029−15,58471.9
201252,81467,244−14,43041.3
201313,0269,9183,108283.8
201410,73550,468−39,73346.3
201617,17513,4473,728150.0
201714,73519,209−4,474102.2
201823,92214,0419,881148.2
201914,04313,0241,019160.8
20208,1612,8065,355769.0
202112,9318,5104,421259.8
202210,6456,6893,956337.6
20236,0207,557−1,537296.4

In its most recent public year (2023), this organization spent $1,537 more than it brought in. Its reserves stood at about 296.4 months of spending, up from 71.9 in 2011.

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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