Chicago City Council Latino Caucus Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 225,724 | 331,047 | −105,323 | 7.2 | 12% |
| 2021 | 729,260 | 432,041 | 297,219 | 14.2 | 0% |
| 2022 | 741,704 | 603,903 | 137,801 | 11.9 | 0% |
| 2023 | 739,553 | 704,206 | 35,347 | 10.6 | 0% |
In its most recent public year (2023), this organization brought in $35,347 more than it spent. Its reserves stood at about 10.6 months of spending, up from 7.2 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 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
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