Louisiana Chemical Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,336,212 | 2,232,163 | 104,049 | 6.7 | 50% |
| 2021 | 2,388,218 | 2,179,496 | 208,722 | 8.0 | 48% |
| 2022 | 2,534,475 | 2,346,433 | 188,042 | 8.1 | 44% |
In its most recent public year (2022), this organization brought in $188,042 more than it spent. Its reserves stood at about 8.1 months of spending, up from 6.7 in 2020. Staff pay was 44% of spending. $57,508 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 2022. 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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