Latinos For Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 455,576 | 244,053 | 211,523 | 10.4 | 65% |
| 2017 | 1,111,250 | 628,968 | 482,282 | 13.2 | 59% |
| 2018 | 1,133,759 | 1,067,391 | 66,368 | 8.5 | 62% |
| 2019 | 2,212,463 | 1,842,124 | 370,339 | 7.4 | 55% |
| 2020 | 4,484,096 | 2,196,671 | 2,287,425 | 18.7 | 61% |
| 2021 | 4,198,423 | 3,317,852 | 880,571 | 15.5 | 62% |
| 2022 | 11,669,227 | 5,647,371 | 6,021,856 | 21.9 | 57% |
In its most recent public year (2022), this organization brought in $6,021,856 more than it spent. Its reserves stood at about 21.9 months of spending, up from 10.4 in 2016. Staff pay was 57% of spending. $1,274,330 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 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
Latinos For Education 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