Louisiana Tech University Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 16,434,474 | 16,535,456 | −100,982 | 38.5 | 0% |
| 2021 | 18,845,072 | 17,793,883 | 1,051,189 | 39.5 | 0% |
| 2022 | 19,125,681 | 17,036,023 | 2,089,658 | 39.0 | 0% |
| 2023 | 22,297,266 | 18,562,483 | 3,734,783 | 38.6 | 0% |
In its most recent public year (2023), this organization brought in $3,734,783 more than it spent. Its reserves stood at about 38.6 months of spending. Staff pay was 0% of spending. $57,107,167 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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