Operating record

Glen Retirement System

Shreveport, LA · EIN 72-0428013 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$15,591,205$16,126,108−$534,90312.244%
2021$16,541,345$16,486,163$55,18213.545%
2022$16,204,462$17,809,231−$1,604,76910.143%
2023$17,051,738$20,332,698−$3,280,9606.338%

In its most recent public year (2023), this organization spent $3,280,960 more than it brought in. Its reserves stood at about 6.3 months of spending, down from 12.2 in 2020. Staff pay was 38% of spending.

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 ↗