Northwest Louisiana Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,311,417 | 1,113,693 | 197,724 | 13.3 | 40% |
| 2021 | 1,618,810 | 1,561,993 | 56,817 | 9.9 | 39% |
| 2022 | 250,000 | 256,542 | −6,542 | 61.5 | 55% |
| 2023 | 2,004,740 | 1,942,019 | 62,721 | 9.0 | 37% |
In its most recent public year (2023), this organization brought in $62,721 more than it spent. Its reserves stood at about 9 months of spending, down from 13.3 in 2020. Staff pay was 37% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works