Life Lee Interfaith For Empowerment Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 79,512 | 74,904 | 4,608 | 7.7 | 53% |
| 2019 | 108,243 | 105,833 | 2,410 | 5.9 | 56% |
| 2020 | 110,244 | 113,634 | −3,390 | 5.1 | 58% |
| 2021 | 135,564 | 122,215 | 13,349 | 7.3 | 62% |
| 2022 | 90,986 | 84,354 | 6,632 | -7.1 | 33% |
| 2023 | 102,436 | 98,855 | 3,581 | -2.4 | 55% |
In its most recent public year (2023), this organization brought in $3,581 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.4 months), down from 7.7 in 2018. Staff pay was 55% 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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