Learning Center Of Key West Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 472,364 | 441,987 | 30,377 | 0.3 | 80% |
| 2019 | 222,285 | 206,649 | 15,636 | 0.9 | 76% |
| 2020 | 239,804 | 241,065 | −1,261 | 0.4 | 79% |
| 2021 | 264,048 | 302,104 | −38,056 | -0.2 | 78% |
| 2022 | 175,116 | 239,197 | −64,081 | 1.3 | 81% |
| 2023 | 211,729 | 218,403 | −6,674 | 1.0 | 80% |
In its most recent public year (2023), this organization spent $6,674 more than it brought in. Its reserves stood at about 1 months of spending. Staff pay was 80% 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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