The Life Is Good Kids Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,632,206 | 1,693,563 | −61,357 | 16.1 | 40% |
| 2012 | 2,159,062 | 1,607,540 | 551,522 | 21.6 | 49% |
| 2013 | 2,253,904 | 2,179,008 | 74,896 | 17.2 | 47% |
| 2014 | 1,335,389 | 1,886,833 | −551,444 | 16.9 | 58% |
| 2015 | 1,837,621 | 1,972,183 | −134,562 | 15.0 | 52% |
| 2016 | 1,570,893 | 1,952,334 | −381,441 | 12.8 | 56% |
| 2017 | 1,478,863 | 1,888,936 | −410,073 | 10.5 | 61% |
| 2018 | 1,476,275 | 1,809,211 | −332,936 | 8.8 | 66% |
| 2019 | 2,552,917 | 2,052,302 | 500,615 | 10.7 | 71% |
| 2020 | 2,433,654 | 1,877,397 | 556,257 | 15.2 | 72% |
| 2021 | 2,395,238 | 1,617,487 | 777,751 | 23.4 | 71% |
| 2022 | 2,041,738 | 1,848,734 | 193,004 | 21.7 | 59% |
| 2023 | 1,147,795 | 1,920,374 | −772,579 | 16.1 | 52% |
In its most recent public year (2023), this organization spent $772,579 more than it brought in. Its reserves stood at about 16.1 months of spending. Staff pay was 52% of spending. $92,311 of its net assets are donor-restricted.
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
The Life Is Good Kids Foundation 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