Changed Lives Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 774,491 | 764,508 | 9,983 | 1.1 | 28% |
| 2020 | 734,501 | 724,980 | 9,521 | 1.3 | 30% |
| 2021 | 884,251 | 797,800 | 86,451 | 2.5 | 27% |
| 2022 | 1,158,881 | 951,339 | 207,542 | 4.8 | 26% |
| 2023 | 957,698 | 952,131 | 5,567 | 2.1 | 28% |
In its most recent public year (2023), this organization brought in $5,567 more than it spent. Its reserves stood at about 2.1 months of spending. Staff pay was 28% 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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