Latino Family Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,625,579 | 1,887,687 | −262,108 | 8.1 | 47% |
| 2021 | 2,298,088 | 2,311,244 | −13,156 | 6.5 | 49% |
| 2022 | 2,831,615 | 2,949,834 | −118,219 | 4.7 | 51% |
| 2023 | 1,139,227 | 1,603,479 | −464,252 | 5.1 | 41% |
In its most recent public year (2023), this organization spent $464,252 more than it brought in. Its reserves stood at about 5.1 months of spending, down from 8.1 in 2020. Staff pay was 41% 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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