Operating record

The Lasater Foundation

Southlake, TX · EIN 85-3840586 · files the short form (990-EZ), so reduced detail · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2021$52,076$25,218$26,85812.80%
2022$27,527$33,877−$6,3507.3
2023$2,000$22,409−$20,4090.1

In its most recent public year (2023), this organization spent $20,409 more than it brought in. Its reserves stood at about 0.1 months of spending, down from 12.8 in 2021.

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 ↗