Latinas In Tech Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 160,275 | 85,646 | 74,629 | 12.7 | 47% |
| 2020 | 686,302 | 660,802 | 25,500 | 4.5 | 40% |
| 2021 | 1,484,268 | 787,271 | 696,997 | 14.5 | 57% |
| 2022 | 1,900,270 | 1,411,750 | 488,520 | 12.2 | 45% |
| 2023 | 1,927,702 | 2,000,369 | −72,667 | 8.2 | 45% |
In its most recent public year (2023), this organization spent $72,667 more than it brought in. Its reserves stood at about 8.2 months of spending, down from 12.7 in 2019. Staff pay was 45% of spending. $50,000 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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