Latino Education Advancement Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,936,887 | 4,414,452 | −477,565 | 50.5 | 0% |
| 2021 | 4,555,331 | 2,931,231 | 1,624,100 | 85.6 | 1% |
| 2022 | 3,258,843 | 3,593,814 | −334,971 | 71.4 | 12% |
| 2023 | 4,035,315 | 4,499,257 | −463,942 | 57.7 | 16% |
| 2024 | 4,913,595 | 5,204,986 | −291,391 | 49.9 | 19% |
In its most recent public year (2024), this organization spent $291,391 more than it brought in. Its reserves stood at about 49.9 months of spending. Staff pay was 19% of spending. $1,781,348 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 2024. 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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