Luther Senior Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 491,480 | 401,468 | 90,012 | 19.7 | 26% |
| 2013 | 517,436 | 455,858 | 61,578 | 19.0 | 22% |
| 2014 | 516,952 | 390,856 | 126,096 | 26.0 | 0% |
| 2015 | 517,547 | 404,192 | 113,355 | 28.5 | 0% |
| 2016 | 596,757 | 427,256 | 169,501 | 31.7 | 0% |
| 2017 | 611,270 | 515,497 | 95,773 | -17.2 | 3% |
| 2018 | 685,630 | 629,527 | 56,103 | -13.0 | 4% |
| 2019 | 700,492 | 689,695 | 10,797 | -11.7 | 5% |
| 2020 | 733,410 | 699,958 | 33,452 | -10.9 | 5% |
| 2021 | 725,446 | 731,253 | −5,807 | -10.6 | 5% |
| 2022 | 787,357 | 832,524 | −45,167 | -9.9 | 5% |
| 2023 | 817,001 | 868,368 | −51,367 | -10.2 | 5% |
| 2024 | 846,616 | 890,578 | −43,962 | -10.6 | 6% |
In its most recent public year (2024), this organization spent $43,962 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-10.6 months), down from 19.7 in 2012. Staff pay was 6% 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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