Let It Shine Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 220,955 | 218,296 | 2,659 | 0.1 | 0% |
| 2012 | 194,322 | 188,931 | 5,391 | 0.5 | 0% |
| 2013 | 209,294 | 224,919 | −15,625 | -0.4 | 0% |
| 2014 | 249,152 | 247,319 | 1,833 | -0.3 | 0% |
| 2015 | 108,493 | 103,010 | 5,483 | -0.0 | 0% |
| 2016 | 8,040 | 6,216 | 1,824 | 3.0 | 0% |
| 2017 | 25,836 | 25,793 | 43 | 0.7 | 0% |
| 2018 | 27,366 | 23,361 | 4,005 | 2.9 | 0% |
| 2019 | 23,674 | 26,140 | −2,466 | 1.3 | 0% |
| 2020 | 661 | 1,618 | −957 | 13.6 | 0% |
In its most recent public year (2020), this organization spent $957 more than it brought in. Its reserves stood at about 13.6 months of spending, up from 0.1 in 2011. Staff pay was 0% 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 2020. 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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