Life Tools Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 241,360 | 79,905 | 161,455 | 26.6 | 35% |
| 2013 | 185,504 | 192,349 | −6,845 | 10.6 | 24% |
| 2014 | 189,844 | 174,579 | 15,265 | 10.1 | 45% |
| 2015 | 302,977 | 279,619 | 23,358 | 7.3 | 31% |
| 2016 | 274,925 | 256,475 | 18,450 | 8.8 | 34% |
| 2017 | 271,715 | 261,864 | 9,851 | 9.1 | 33% |
| 2018 | 409,825 | 387,774 | 22,051 | 6.8 | 34% |
| 2019 | 546,225 | 509,443 | 36,782 | 6.1 | 37% |
| 2020 | 673,034 | 466,360 | 206,674 | 12.0 | 39% |
| 2021 | 645,702 | 523,384 | 122,318 | 13.4 | 30% |
| 2022 | 707,573 | 566,442 | 141,131 | 15.4 | 29% |
| 2023 | 605,351 | 531,759 | 73,592 | 18.1 | 33% |
In its most recent public year (2023), this organization brought in $73,592 more than it spent. Its reserves stood at about 18.1 months of spending, down from 26.6 in 2012. Staff pay was 33% 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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