Locust Projects Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 367,851 | 276,738 | 91,113 | 4.9 | 29% |
| 2012 | 424,352 | 394,215 | 30,137 | 4.3 | 29% |
| 2013 | 458,170 | 430,991 | 27,179 | 4.7 | 33% |
| 2014 | 696,610 | 673,489 | 23,121 | 3.4 | 29% |
| 2015 | 736,172 | 738,274 | −2,102 | 3.1 | 34% |
| 2016 | 817,401 | 805,974 | 11,427 | 3.0 | 29% |
| 2017 | 250,022 | 355,048 | −105,026 | 3.3 | 33% |
| 2018 | 829,822 | 830,513 | −691 | 1.4 | 31% |
| 2019 | 778,411 | 885,550 | −107,139 | -0.1 | 32% |
| 2020 | 1,135,706 | 804,765 | 330,941 | 4.8 | 31% |
| 2021 | 876,801 | 785,895 | 90,906 | 6.3 | 0% |
| 2022 | 893,712 | 1,125,806 | −232,094 | 1.9 | 32% |
| 2023 | 1,654,814 | 1,248,738 | 406,076 | 5.6 | 32% |
In its most recent public year (2023), this organization brought in $406,076 more than it spent. Its reserves stood at about 5.6 months of spending. Staff pay was 32% of spending. $348,837 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
Locust Projects Inc'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