Laurel Civic Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 553,027 | 523,811 | 29,216 | 4.4 | 64% |
| 2021 | 751,986 | 522,640 | 229,346 | 9.7 | 55% |
| 2022 | 421,404 | 453,209 | −31,805 | 10.3 | 51% |
| 2023 | 758,869 | 543,063 | 215,806 | 13.4 | 60% |
| 2024 | 526,512 | 492,563 | 33,949 | 15.6 | 65% |
In its most recent public year (2024), this organization brought in $33,949 more than it spent. Its reserves stood at about 15.6 months of spending, up from 4.4 in 2020. Staff pay was 65% of spending. $315,342 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 2024. 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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