Lifes Potential Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 108,736 | 34,431 | 74,305 | 36.3 | — |
| 2020 | 136,258 | 61,423 | 74,835 | 32.1 | — |
| 2021 | 108,932 | 196,452 | −87,520 | 4.7 | — |
| 2022 | 486,246 | 528,742 | −42,496 | 0.6 | 28% |
| 2023 | 618,682 | 559,506 | 59,176 | 1.8 | 28% |
In its most recent public year (2023), this organization brought in $59,176 more than it spent. Its reserves stood at about 1.8 months of spending, down from 36.3 in 2019. 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
Lifes Potential Services Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works