Luoktg Welfare Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 97,804 | 49,883 | 47,921 | 14.8 | — |
| 2019 | 95,260 | 99,806 | −4,546 | 6.8 | — |
| 2020 | 45,347 | 46,418 | −1,071 | 20.0 | — |
| 2021 | 61,203 | 60,666 | 537 | 15.4 | — |
| 2022 | 51,171 | 56,170 | −4,999 | 15.6 | — |
| 2023 | 42,006 | 46,531 | −4,525 | 17.7 | — |
In its most recent public year (2023), this organization spent $4,525 more than it brought in. Its reserves stood at about 17.7 months of spending, up from 14.8 in 2017.
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
Luoktg Welfare Association'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