Latinobuilt Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 86,447 | 22,047 | 64,400 | 35.1 | — |
| 2021 | 110,370 | 85,961 | 24,409 | 12.4 | — |
| 2022 | 317,787 | 96,014 | 221,773 | 38.8 | 0% |
| 2023 | 171,245 | 349,450 | −178,205 | 4.5 | 0% |
In its most recent public year (2023), this organization spent $178,205 more than it brought in. Its reserves stood at about 4.5 months of spending, down from 35.1 in 2020. 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
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