Life Masteries Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 90,819 | 102,717 | −11,898 | 0.5 | — |
| 2019 | 104,713 | 72,473 | 32,240 | 4.5 | — |
| 2020 | 135,747 | 110,111 | 25,636 | 7.4 | — |
| 2021 | 82,345 | 106,112 | −23,767 | 5.0 | — |
| 2022 | 83,593 | 99,967 | −16,374 | 3.3 | — |
| 2023 | 99,276 | 96,190 | 3,086 | 3.8 | — |
In its most recent public year (2023), this organization brought in $3,086 more than it spent. Its reserves stood at about 3.8 months of spending, up from 0.5 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 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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