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La Vernia Alumni Association

La Vernia, TX / EIN 82-2869973 / Form 990-EZ / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
202179,19951,51227,6878.9
202223,46432,792−9,32810.6
20238,0159,675−1,66033.9

In its most recent public year (2023), this organization spent $1,660 more than it brought in. Its reserves stood at about 33.9 months of spending, up from 8.9 in 2021.

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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