Luis A Ferre Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,455,871 | 6,394,052 | 61,819 | 86.1 | 37% |
| 2012 | 8,835,935 | 7,357,164 | 1,478,771 | 78.8 | 36% |
| 2013 | 10,176,570 | 7,837,347 | 2,339,223 | 78.1 | 40% |
| 2014 | 5,183,126 | 7,606,546 | −2,423,420 | 79.4 | 37% |
| 2015 | 5,669,521 | 6,601,400 | −931,879 | 87.9 | 35% |
| 2016 | 4,509,337 | 5,771,987 | −1,262,650 | 97.4 | 38% |
| 2017 | 3,643,681 | 5,815,377 | −2,171,696 | 95.1 | 29% |
| 2018 | 3,768,367 | 5,731,976 | −1,963,609 | 93.2 | 26% |
| 2019 | 3,217,970 | 5,538,848 | −2,320,878 | 92.1 | 22% |
| 2020 | 3,767,565 | 5,607,116 | −1,839,551 | 85.6 | 30% |
| 2021 | 3,960,485 | 8,216,282 | −4,255,797 | 58.4 | 16% |
| 2022 | 6,290,339 | 5,149,913 | 1,140,426 | 89.5 | 30% |
| 2023 | 4,898,282 | 6,063,560 | −1,165,278 | 73.9 | 30% |
In its most recent public year (2023), this organization spent $1,165,278 more than it brought in. Its reserves stood at about 73.9 months of spending, down from 86.1 in 2011. Staff pay was 30% of spending. $1,345,020 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
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