La Clippers Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,626,520 | 6,042,712 | −1,416,192 | -2.0 | 0% |
| 2021 | 3,468,997 | 1,510,041 | 1,958,956 | 7.7 | 0% |
| 2022 | 420,171 | 1,132,196 | −712,025 | 2.7 | 0% |
| 2023 | 15,927,655 | 4,707,531 | 11,220,124 | 29.2 | 0% |
In its most recent public year (2023), this organization brought in $11,220,124 more than it spent. Its reserves stood at about 29.2 months of spending, up from -2 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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