Hermandad Los Angeles Economic & Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 125,619 | 133,092 | −7,473 | 20.2 | 60% |
| 2012 | 297,695 | 152,931 | 144,764 | 29.0 | 65% |
| 2013 | 175,325 | 187,644 | −12,319 | 22.8 | — |
| 2014 | 145,671 | 129,260 | 16,411 | 34.6 | — |
| 2015 | 199,590 | 135,524 | 64,066 | 38.7 | — |
| 2016 | 71,622 | 142,286 | −70,664 | 30.9 | — |
| 2017 | 189,708 | 127,075 | 62,633 | 40.5 | — |
| 2018 | 183,794 | 132,265 | 51,529 | 43.6 | — |
| 2019 | 181,458 | 144,881 | 36,577 | 42.8 | 67% |
| 2020 | 91,447 | 115,087 | −23,640 | 51.5 | 67% |
| 2021 | 234,043 | 126,929 | 107,114 | 56.8 | 63% |
| 2022 | 259,292 | 127,201 | 132,091 | 69.1 | 65% |
| 2023 | 281,383 | 166,728 | 114,655 | 61.0 | 49% |
In its most recent public year (2023), this organization brought in $114,655 more than it spent. Its reserves stood at about 61 months of spending, up from 20.2 in 2011. Staff pay was 49% 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
Hermandad Los Angeles Economic & Community Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works