Light Of Day Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 397,481 | 416,554 | −19,073 | 9.8 | 10% |
| 2021 | 113,706 | 130,200 | −16,494 | 39.6 | 26% |
| 2022 | 351,037 | 431,850 | −80,813 | 9.5 | 11% |
| 2023 | 538,469 | 449,863 | 88,606 | 12.2 | 16% |
In its most recent public year (2023), this organization brought in $88,606 more than it spent. Its reserves stood at about 12.2 months of spending, up from 9.8 in 2020. Staff pay was 16% 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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