Laredo Migrant Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 42,327 | 45,590 | −3,263 | 3.8 | 0% |
| 2012 | 93,168 | 80,675 | 12,493 | 4.0 | 0% |
| 2013 | 75,561 | 78,964 | −3,403 | 3.6 | 0% |
| 2014 | 77,837 | 62,239 | 15,598 | 7.6 | 0% |
| 2015 | 71,193 | 68,898 | 2,295 | 7.2 | 0% |
| 2016 | 74,834 | 89,178 | −14,344 | 3.7 | 0% |
| 2017 | 67,420 | 58,618 | 8,802 | 7.4 | 0% |
| 2018 | 50,108 | 61,786 | −11,678 | 4.7 | 0% |
| 2019 | 53,598 | 53,669 | −71 | 5.4 | 0% |
| 2020 | 0 | 47,628 | −47,628 | 13.8 | 0% |
| 2021 | 44,719 | 65,822 | −21,103 | 8.6 | 14% |
| 2022 | −6,262 | 318,836 | −325,098 | 1.5 | 20% |
In its most recent public year (2022), this organization spent $325,098 more than it brought in. Its reserves stood at about 1.5 months of spending, down from 3.8 in 2011. Staff pay was 20% 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 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
Laredo Migrant Council Inc's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works