Louisiana Independent College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 64,524 | 69,777 | −5,253 | 2.7 | — |
| 2013 | 16,805 | 22,700 | −5,895 | 5.3 | — |
| 2014 | 16,802 | 21,655 | −4,853 | 2.9 | — |
| 2015 | 16,975 | 21,477 | −4,502 | 0.4 | — |
| 2016 | 22,050 | 22,050 | 0 | 0.4 | — |
| 2017 | 23,400 | 23,400 | 0 | 0.4 | — |
| 2018 | 24,750 | 23,300 | 1,450 | 1.1 | — |
| 2019 | 37,000 | 27,000 | 10,000 | 5.4 | — |
| 2020 | 37,000 | 37,376 | −376 | 3.8 | — |
| 2021 | 27,000 | 36,700 | −9,700 | 0.7 | — |
| 2022 | 28,800 | 29,000 | −200 | 0.8 | — |
| 2023 | 38,800 | 29,848 | 8,952 | 4.4 | — |
| 2024 | 32,800 | 43,039 | −10,239 | 0.2 | — |
In its most recent public year (2024), this organization spent $10,239 more than it brought in. Its reserves stood at about 0.2 months of spending, down from 2.7 in 2012.
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 2024. 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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