Love Inc Of North Oakland County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 71,455 | 67,910 | 3,545 | 4.2 | — |
| 2012 | 86,908 | 84,251 | 2,657 | 3.8 | — |
| 2013 | 91,764 | 95,796 | −4,032 | 2.8 | 0% |
| 2014 | 96,446 | 99,482 | −3,036 | 2.3 | 0% |
| 2015 | 113,625 | 92,685 | 20,940 | 5.2 | 58% |
| 2016 | 96,371 | 105,844 | −9,473 | 3.5 | 53% |
| 2017 | 121,319 | 122,394 | −1,075 | 2.9 | 52% |
| 2018 | 237,924 | 125,626 | 112,298 | 2.1 | 53% |
| 2019 | 127,564 | 124,446 | 3,118 | 3.1 | 60% |
| 2020 | 222,397 | 196,678 | 25,719 | 5.0 | 45% |
| 2021 | 133,537 | 157,824 | −24,287 | 7.2 | 67% |
| 2022 | 154,749 | 173,194 | −18,445 | 5.3 | 67% |
| 2023 | 235,763 | 241,793 | −6,030 | 3.3 | 49% |
In its most recent public year (2023), this organization spent $6,030 more than it brought in. Its reserves stood at about 3.3 months of spending. Staff pay was 49% 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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