Los Angeles Recovery Connect
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2023 | 48,518 | 44,803 | 3,715 | 1.7 | 0% |
| 2024 | 235,466 | 194,469 | 40,997 | 2.9 | 26% |
In its most recent public year (2024), this organization brought in $40,997 more than it spent. Its reserves stood at about 2.9 months of spending, up from 1.7 in 2023. Staff pay was 26% 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 2024. 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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