Greater Lafayette Commerce Community & Economic Development F
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,901 | 143,667 | −139,766 | 153.3 | 73% |
| 2021 | 512,933 | 267,402 | 245,531 | 92.5 | 77% |
| 2022 | 1,986,864 | 4,283,800 | −2,296,936 | 0.0 | 6% |
| 2023 | 6,226,858 | 6,057,210 | 169,648 | 0.3 | 3% |
In its most recent public year (2023), this organization brought in $169,648 more than it spent. Its reserves stood at about 0.3 months of spending, down from 153.3 in 2020. Staff pay was 3% of spending. $169,648 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 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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