Life Remodeled-A Nonprofit Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 93,584 | 72,718 | 20,866 | 3.4 | — |
| 2012 | 72,677 | 39,312 | 33,365 | 10.4 | — |
| 2013 | 72,441 | 42,925 | 29,516 | 18.0 | — |
| 2014 | 5,449,812 | 4,945,237 | 504,575 | 1.4 | 3% |
| 2015 | 5,317,455 | 5,718,877 | −401,422 | 0.4 | 2% |
| 2016 | 5,498,884 | 5,282,191 | 216,693 | 0.9 | 4% |
| 2017 | 5,463,820 | 4,198,939 | 1,264,881 | 4.7 | 9% |
| 2018 | 2,883,506 | 2,595,914 | 287,592 | 9.0 | 17% |
| 2019 | 2,601,976 | 1,812,427 | 789,549 | 18.0 | 50% |
| 2020 | 4,234,556 | 2,047,580 | 2,186,976 | 28.8 | 42% |
| 2021 | 2,566,103 | 2,010,032 | 556,071 | 32.7 | 38% |
| 2022 | 2,873,152 | 2,281,868 | 591,284 | 31.9 | 38% |
| 2023 | 5,946,403 | 2,794,159 | 3,152,244 | 39.6 | 41% |
In its most recent public year (2023), this organization brought in $3,152,244 more than it spent. Its reserves stood at about 39.6 months of spending, up from 3.4 in 2011. Staff pay was 41% of spending. $1,532,910 of its net assets are donor-restricted.
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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