Local Initiatives For Education International
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 905,129 | 932,373 | −27,244 | 0.3 | 0% |
| 2020 | 544,851 | 440,737 | 104,114 | 3.5 | 0% |
| 2021 | 833,967 | 857,511 | −23,544 | 1.5 | 0% |
| 2022 | 1,256,433 | 1,252,579 | 3,854 | 0.6 | 0% |
| 2023 | 1,154,768 | 1,160,873 | −6,105 | 0.6 | 0% |
In its most recent public year (2023), this organization spent $6,105 more than it brought in. Its reserves stood at about 0.6 months of spending. Staff pay was 0% of spending. $371,083 of its net assets are donor-restricted.
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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