Richfield Latch Key Child Care Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 842,678 | 804,398 | 38,280 | 4.0 | 65% |
| 2012 | 956,997 | 877,266 | 79,731 | 4.8 | 65% |
| 2013 | 1,084,761 | 1,010,536 | 74,225 | 5.1 | 64% |
| 2014 | 1,218,051 | 1,057,109 | 160,942 | 6.7 | 64% |
| 2015 | 1,241,082 | 1,140,317 | 100,765 | 7.2 | 64% |
| 2016 | 1,250,797 | 1,226,630 | 24,167 | 7.0 | 64% |
| 2017 | 1,203,344 | 1,290,626 | −87,282 | 5.8 | 64% |
| 2018 | 1,232,574 | 1,321,639 | −89,065 | 4.9 | 64% |
| 2019 | 1,161,887 | 1,388,737 | −226,850 | 2.7 | 65% |
| 2020 | 1,026,888 | 953,158 | 73,730 | 4.8 | 68% |
| 2021 | 987,314 | 938,406 | 48,908 | 5.5 | 69% |
| 2022 | 1,243,282 | 1,000,660 | 242,622 | 8.1 | 67% |
| 2023 | 1,092,128 | 1,099,668 | −7,540 | 7.3 | 61% |
In its most recent public year (2023), this organization spent $7,540 more than it brought in. Its reserves stood at about 7.3 months of spending, up from 4 in 2011. Staff pay was 61% 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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