Clover Nola Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 16,836,748 | 14,754,063 | 2,082,685 | 9.8 | 50% |
| 2021 | 14,602,358 | 14,881,291 | −278,933 | 9.6 | 49% |
| 2022 | 15,629,212 | 22,314,672 | −6,685,460 | 2.6 | 33% |
| 2023 | 20,177,132 | 17,346,691 | 2,830,441 | 5.4 | 46% |
In its most recent public year (2023), this organization brought in $2,830,441 more than it spent. Its reserves stood at about 5.4 months of spending, down from 9.8 in 2020. Staff pay was 46% of spending. $2,553,222 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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