Lincoln Learning Solutions Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 30,543,430 | 24,962,215 | 5,581,215 | 11.0 | 21% |
| 2012 | 37,905,069 | 25,392,118 | 12,512,951 | 16.7 | 19% |
| 2013 | 37,381,987 | 25,250,957 | 12,131,030 | 22.6 | 23% |
| 2014 | 34,715,046 | 22,258,762 | 12,456,284 | 32.3 | 32% |
| 2015 | 31,912,368 | 29,106,272 | 2,806,096 | 25.8 | 32% |
| 2016 | 37,103,100 | 28,034,576 | 9,068,524 | 30.9 | 49% |
| 2017 | 33,896,683 | 27,689,164 | 6,207,519 | 34.1 | 51% |
| 2018 | 26,674,942 | 23,567,600 | 3,107,342 | 41.6 | 48% |
| 2019 | 26,422,075 | 33,107,335 | −6,685,260 | 27.4 | 51% |
| 2020 | 24,122,252 | 31,868,149 | −7,745,897 | 25.7 | 54% |
| 2021 | 25,553,728 | 23,146,610 | 2,407,118 | 37.6 | 58% |
| 2022 | 26,156,816 | 23,482,805 | 2,674,011 | 36.8 | 58% |
| 2023 | 17,293,831 | 22,254,262 | −4,960,431 | 35.7 | 59% |
In its most recent public year (2023), this organization spent $4,960,431 more than it brought in. Its reserves stood at about 35.7 months of spending, up from 11 in 2011. Staff pay was 59% 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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