Louisiana Engineering Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 473,736 | 475,135 | −1,399 | 7.4 | 33% |
| 2022 | 574,776 | 547,949 | 26,827 | 7.0 | 14% |
| 2023 | 572,842 | 540,354 | 32,488 | 7.8 | 30% |
| 2024 | 549,793 | 573,489 | −23,696 | 6.9 | 27% |
In its most recent public year (2024), this organization spent $23,696 more than it brought in. Its reserves stood at about 6.9 months of spending. Staff pay was 27% of spending. $223,454 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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