Learning Center Foundation Of Central Cobb Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 6,389,446 | 6,194,658 | 194,788 | 0.1 | 61% |
| 2013 | 6,272,855 | 6,783,007 | −510,152 | -0.8 | 0% |
| 2014 | 6,151,659 | 7,033,907 | −882,248 | -2.3 | 0% |
| 2015 | 7,015,037 | 7,032,104 | −17,067 | -2.3 | 0% |
| 2016 | 7,622,273 | 7,661,850 | −39,577 | -8.7 | 0% |
| 2017 | 8,215,336 | 8,169,848 | 45,488 | -8.1 | 0% |
| 2018 | 4,868,812 | 6,079,460 | −1,210,648 | -13.3 | 0% |
| 2019 | 5,740,217 | 5,570,229 | 169,988 | -14.1 | 0% |
| 2020 | 5,600,768 | 4,979,166 | 621,602 | -14.3 | 0% |
| 2021 | 5,760,178 | 5,493,542 | 266,636 | -12.4 | 0% |
| 2022 | 5,968,124 | 5,300,501 | 667,623 | -11.3 | 0% |
| 2023 | 5,337,189 | 5,580,964 | −243,775 | -11.3 | 0% |
| 2024 | 5,707,899 | 6,739,075 | −1,031,176 | -11.2 | 0% |
In its most recent public year (2024), this organization spent $1,031,176 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-11.2 months), down from 0.1 in 2012. Staff pay was 0% 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 2024. 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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