Innovative Lifestyles Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,608,000 | 4,525,082 | 82,918 | 1.2 | 63% |
| 2012 | 4,778,691 | 4,833,313 | −54,622 | 0.9 | 68% |
| 2013 | 4,683,044 | 4,683,002 | 42 | 1.0 | 66% |
| 2014 | 4,702,315 | 4,809,455 | −107,140 | 0.7 | 67% |
| 2015 | 3,922,254 | 3,910,657 | 11,597 | 1.1 | 67% |
| 2016 | 4,305,873 | 4,333,658 | −27,785 | 0.9 | 69% |
| 2017 | 4,792,899 | 4,719,082 | 73,817 | 1.0 | 70% |
| 2018 | 4,975,293 | 5,098,685 | −123,392 | 0.5 | 71% |
| 2019 | 4,655,123 | 4,590,473 | 64,650 | 0.7 | 70% |
| 2020 | 4,911,899 | 5,054,607 | −142,708 | 0.3 | 74% |
| 2021 | 6,333,556 | 5,325,294 | 1,008,262 | 2.6 | 74% |
| 2022 | 5,683,444 | 6,092,744 | −409,300 | 1.5 | 74% |
| 2023 | 6,685,505 | 6,062,977 | 622,528 | 2.7 | 71% |
In its most recent public year (2023), this organization brought in $622,528 more than it spent. Its reserves stood at about 2.7 months of spending, up from 1.2 in 2011. Staff pay was 71% 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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