Loft Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,269,388 | 2,011,981 | 257,407 | 23.1 | 41% |
| 2012 | 1,868,675 | 1,973,553 | −104,878 | 23.5 | 37% |
| 2013 | 2,507,635 | 2,162,407 | 345,228 | 24.0 | 36% |
| 2014 | 2,172,427 | 2,216,308 | −43,881 | 24.5 | 39% |
| 2015 | 2,050,262 | 2,201,153 | −150,891 | 22.9 | 39% |
| 2016 | 2,415,470 | 2,170,765 | 244,705 | 25.3 | 38% |
| 2017 | 2,242,772 | 2,229,735 | 13,037 | 24.9 | 37% |
| 2018 | 2,349,389 | 2,312,228 | 37,161 | 24.0 | 39% |
| 2019 | 2,793,022 | 2,691,852 | 101,170 | 20.9 | 34% |
| 2020 | 1,982,944 | 2,465,329 | −482,385 | 21.7 | 38% |
| 2021 | 2,587,089 | 2,162,259 | 424,830 | 31.0 | 41% |
| 2022 | 2,615,373 | 2,066,861 | 548,512 | 31.0 | 43% |
| 2023 | 2,433,334 | 2,577,046 | −143,712 | 25.4 | 40% |
In its most recent public year (2023), this organization spent $143,712 more than it brought in. Its reserves stood at about 25.4 months of spending, up from 23.1 in 2011. Staff pay was 40% of spending. $4,733,406 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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