Laurel Highlands Workforce And Opportunity Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 495,604 | 206,535 | 289,069 | 16.8 | 55% |
| 2021 | 1,655,887 | 222,388 | 1,433,499 | 92.9 | 47% |
| 2022 | 534,316 | 524,545 | 9,771 | 39.6 | 36% |
| 2023 | 562,368 | 842,911 | −280,543 | 20.7 | 33% |
In its most recent public year (2023), this organization spent $280,543 more than it brought in. Its reserves stood at about 20.7 months of spending, up from 16.8 in 2020. Staff pay was 33% of spending. $39,637 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
Laurel Highlands Workforce And Opportunity Center's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works