Los Angeles Chapter Of The National Black Mba Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 79,082 | 74,162 | 4,920 | 3.8 | — |
| 2012 | 67,139 | 69,056 | −1,917 | 3.8 | — |
| 2013 | 30,755 | 41,907 | −11,152 | 3.0 | — |
| 2014 | 51,456 | 57,142 | −5,686 | 1.0 | — |
| 2015 | 50,289 | 45,695 | 4,594 | 2.6 | — |
| 2016 | 38,562 | 34,840 | 3,722 | 4.8 | — |
| 2017 | 43,278 | 42,889 | 389 | 4.0 | — |
| 2018 | 53,972 | 52,873 | 1,099 | 3.6 | — |
| 2019 | 46,135 | 49,611 | −3,476 | 3.2 | — |
| 2020 | 46,372 | 27,652 | 18,720 | 13.9 | — |
| 2021 | 77,994 | 27,639 | 50,355 | 30.9 | — |
| 2022 | 29,783 | 39,923 | −10,140 | 18.0 | — |
| 2023 | 53,584 | 81,906 | −28,322 | 4.6 | — |
In its most recent public year (2023), this organization spent $28,322 more than it brought in. Its reserves stood at about 4.6 months 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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