Ladmc Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 250,000 | 0 | 250,000 | — | — |
| 2020 | 1,755,274 | 162,503 | 1,592,771 | 136.1 | 0% |
| 2021 | 1,666,112 | 612,947 | 1,053,165 | 56.7 | 0% |
| 2022 | 1,062,968 | 1,156,149 | −93,181 | 33.5 | 0% |
| 2023 | 1,389,705 | 897,848 | 491,857 | 43.9 | 0% |
In its most recent public year (2023), this organization brought in $491,857 more than it spent. Its reserves stood at about 43.9 months of spending. Staff pay was 0% of spending.
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
Ladmc Foundation'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