Living Independently For The Elderly Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,557,654 | 5,083,757 | −526,103 | -3.6 | 32% |
| 2012 | 5,222,053 | 5,239,939 | −17,886 | -3.6 | 31% |
| 2013 | 5,997,327 | 5,588,286 | 409,041 | -2.0 | 34% |
| 2014 | 6,426,831 | 6,217,882 | 208,949 | -1.4 | 39% |
| 2015 | 6,342,383 | 6,272,409 | 69,974 | -1.3 | 39% |
| 2016 | 6,567,169 | 6,228,947 | 338,222 | -0.6 | 38% |
| 2017 | 5,657,746 | 6,308,296 | −650,550 | -1.9 | 37% |
| 2018 | 5,709,580 | 6,141,309 | −431,729 | -2.7 | 36% |
| 2019 | 5,685,134 | 5,823,060 | −137,926 | -3.2 | 32% |
| 2020 | 5,701,878 | 5,353,041 | 348,837 | -2.7 | 29% |
| 2021 | 4,454,433 | 5,106,495 | −652,062 | -4.3 | 30% |
| 2022 | 4,922,112 | 5,722,249 | −800,137 | -5.6 | 34% |
| 2023 | 4,872,605 | 6,244,090 | −1,371,485 | -7.7 | 34% |
In its most recent public year (2023), this organization spent $1,371,485 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.7 months), down from -3.6 in 2011. Staff pay was 34% 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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