Latino Educational Training Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 62,043 | 55,632 | 6,411 | 2.3 | — |
| 2014 | 66,896 | 73,550 | −6,654 | 0.7 | — |
| 2015 | 114,428 | 100,743 | 13,685 | 2.1 | — |
| 2016 | 180,764 | 171,572 | 9,192 | 1.9 | — |
| 2017 | 74,469 | 90,643 | −16,174 | 1.4 | — |
| 2018 | 161,481 | 156,535 | 4,946 | 1.3 | — |
| 2019 | 241,794 | 176,603 | 65,191 | 5.0 | 50% |
| 2020 | 556,103 | 398,259 | 157,844 | 7.0 | 52% |
| 2021 | 929,783 | 777,545 | 152,238 | 5.9 | 63% |
| 2022 | 990,318 | 920,121 | 70,197 | 5.9 | 59% |
| 2023 | 1,423,617 | 1,293,340 | 130,277 | 5.4 | 53% |
In its most recent public year (2023), this organization brought in $130,277 more than it spent. Its reserves stood at about 5.4 months of spending, up from 2.3 in 2013. Staff pay was 53% 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 2023. 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
Latino Educational Training Institute's IRS filings as a feed — one entry per filing year, through 2023. 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