Leep - Labor Economic Education Empowerment
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 409,123 | 55,008 | 354,115 | 77.3 | 19% |
| 2021 | 97,158 | 395,891 | −298,733 | 1.7 | 43% |
| 2022 | 848,444 | 352,994 | 495,450 | 18.7 | 42% |
| 2023 | 1,284,114 | 408,074 | 876,040 | 30.0 | 11% |
In its most recent public year (2023), this organization brought in $876,040 more than it spent. Its reserves stood at about 30 months of spending, down from 77.3 in 2020. Staff pay was 11% of spending. $447,859 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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