Laces 4 Love
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 15,000 | 127 | 14,873 | 1405.3 | 0% |
| 2015 | 37,669 | 31,805 | 5,864 | 7.8 | 50% |
| 2016 | 37,362 | 48,582 | −11,220 | 2.3 | 27% |
| 2017 | 43,355 | 29,278 | 14,077 | 9.7 | 50% |
| 2018 | 22,404 | 25,952 | −3,548 | 9.3 | 46% |
| 2019 | 19,586 | 23,840 | −4,254 | 7.9 | 48% |
| 2020 | 25,480 | 22,658 | 2,822 | 9.9 | 47% |
| 2021 | 13,886 | 18,573 | −4,687 | 9.0 | 68% |
| 2022 | 18,415 | 25,403 | −6,988 | 3.3 | 52% |
| 2023 | 25,135 | 27,523 | −2,388 | 2.0 | 48% |
In its most recent public year (2023), this organization spent $2,388 more than it brought in. Its reserves stood at about 2 months of spending, down from 1405.3 in 2014. Staff pay was 48% 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
Laces 4 Love'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