North American Limousin Educational Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 187,162 | 91,777 | 95,385 | 41.2 | 0% |
| 2022 | 151,357 | 115,662 | 35,695 | 33.5 | 0% |
| 2023 | 137,007 | 128,080 | 8,927 | 35.7 | 0% |
| 2024 | 120,276 | 148,247 | −27,971 | 28.7 | 0% |
In its most recent public year (2024), this organization spent $27,971 more than it brought in. Its reserves stood at about 28.7 months of spending, down from 41.2 in 2021. Staff pay was 0% of spending. $54,300 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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