Louisiana Central Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 757,516 | 751,560 | 5,956 | 16.6 | 37% |
| 2012 | 804,822 | 801,894 | 2,928 | 15.6 | 37% |
| 2013 | 804,080 | 886,098 | −82,018 | 13.0 | 33% |
| 2014 | 827,250 | 920,723 | −93,473 | 11.3 | 28% |
| 2015 | 922,612 | 828,352 | 94,260 | 13.9 | 34% |
| 2016 | 962,135 | 953,771 | 8,364 | 12.2 | 28% |
| 2017 | 1,030,557 | 1,174,247 | −143,690 | 8.4 | 0% |
| 2018 | 1,145,398 | 1,066,327 | 79,071 | 10.2 | 27% |
| 2019 | 1,107,362 | 1,106,287 | 1,075 | 6.4 | 27% |
| 2020 | 889,021 | 819,112 | 69,909 | 9.7 | 31% |
| 2021 | 897,508 | 645,612 | 251,896 | 17.0 | 40% |
In its most recent public year (2021), this organization brought in $251,896 more than it spent. Its reserves stood at about 17 months of spending. Staff pay was 40% 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 2021. 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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