Lets Teach Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 120,025 | 99,492 | 20,533 | 2.6 | — |
| 2019 | 155,348 | 163,498 | −8,150 | 1.0 | — |
| 2020 | 83,442 | 52,375 | 31,067 | 10.2 | — |
| 2021 | 39,018 | 25,378 | 13,640 | 27.4 | — |
In its most recent public year (2021), this organization brought in $13,640 more than it spent. Its reserves stood at about 27.4 months of spending, up from 2.6 in 2018.
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 2021. 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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