Lubbock Ch Omega Educational Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 132,043 | 119,531 | 12,512 | 78.3 | 0% |
| 2021 | 219,502 | 125,320 | 94,182 | 83.7 | 0% |
| 2022 | 84,422 | 202,601 | −118,179 | 44.8 | 0% |
| 2023 | 57,798 | 125,777 | −67,979 | 65.6 | 0% |
| 2024 | 170,219 | 141,520 | 28,699 | 60.8 | 0% |
In its most recent public year (2024), this organization brought in $28,699 more than it spent. Its reserves stood at about 60.8 months of spending, down from 78.3 in 2020. Staff pay was 0% 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 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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