Luso-American Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,553 | 7,689,042 | −7,675,489 | 273.4 | 32% |
| 2012 | 16,417,826 | 6,613,914 | 9,803,912 | 348.4 | 32% |
| 2013 | 9,538,303 | 7,687,345 | 1,850,958 | 310.5 | 27% |
| 2014 | 9,311,504 | 5,959,317 | 3,352,187 | 359.3 | 25% |
| 2015 | 4,042,370 | 6,020,858 | −1,978,488 | 315.0 | 22% |
| 2016 | 5,674,310 | 5,478,054 | 196,256 | 335.6 | 23% |
| 2017 | 4,302,331 | 6,506,937 | −2,204,606 | 317.4 | 20% |
| 2018 | 4,824 | 12,504,308 | −12,499,484 | 145.7 | 10% |
| 2019 | 21,390,099 | 7,942,625 | 13,447,474 | 245.4 | 16% |
| 2020 | 9,245,341 | 6,477,584 | 2,767,757 | 333.8 | 24% |
| 2021 | 19,932,627 | 8,282,590 | 11,650,037 | 257.8 | 19% |
| 2022 | 1,121,854 | 21,878,093 | −20,756,239 | 86.9 | 6% |
| 2023 | 10,937,940 | 8,331,707 | 2,606,233 | 240.0 | 17% |
In its most recent public year (2023), this organization brought in $2,606,233 more than it spent. Its reserves stood at about 240 months of spending, down from 273.4 in 2011. Staff pay was 17% 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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