Life Choice Solutions Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 81,156 | 607,154 | −525,998 | -10.4 | 55% |
| 2012 | 185,097 | 512,441 | −327,344 | -20.0 | 31% |
| 2013 | 156,166 | 497,307 | −341,141 | -28.8 | 48% |
| 2014 | 192,685 | 621,969 | −429,284 | -31.3 | 44% |
| 2015 | 295,105 | 556,654 | −261,549 | -40.6 | 39% |
| 2016 | 331,784 | 578,010 | −246,226 | -44.3 | 32% |
| 2017 | 336,848 | 610,244 | −273,396 | -47.3 | 38% |
| 2018 | 363,769 | 597,976 | −234,207 | -53.0 | 35% |
| 2019 | 370,561 | 2,822,720 | −2,452,159 | -21.5 | 8% |
| 2020 | 299,399 | 430,304 | −130,905 | -85.0 | 35% |
| 2021 | 67,256 | 142,587 | −75,331 | -262.9 | 43% |
| 2022 | 66,840 | 90,597 | −23,757 | -416.9 | 67% |
| 2023 | 11,237 | 49,079 | −37,842 | -778.4 | 61% |
In its most recent public year (2023), this organization spent $37,842 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-778.4 months), down from -10.4 in 2011. Staff pay was 61% 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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