Latino Community Development Agency Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,911,988 | 3,614,766 | 297,222 | 6.9 | 62% |
| 2021 | 4,091,043 | 3,710,980 | 380,063 | 7.9 | 62% |
| 2022 | 4,199,597 | 3,844,842 | 354,755 | 8.8 | 60% |
| 2023 | 4,438,566 | 4,404,524 | 34,042 | 7.7 | 57% |
| 2024 | 4,509,231 | 4,703,179 | −193,948 | 6.8 | 59% |
In its most recent public year (2024), this organization spent $193,948 more than it brought in. Its reserves stood at about 6.8 months of spending. Staff pay was 59% of spending. $876,149 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 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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