Life Changing Foundation Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — | — |
| 2012 | 0 | 2,360 | −2,360 | 0.0 | — |
| 2013 | 0 | −500 | 500 | -0.0 | — |
| 2014 | 0 | 500 | −500 | 0.0 | — |
| 2015 | 700 | 500 | 200 | 4.8 | — |
| 2016 | 1,500 | 955 | 545 | 6.8 | — |
| 2017 | 4,475 | 4,285 | 190 | 2.1 | — |
| 2018 | 26,048 | 25,553 | 495 | 3.4 | — |
| 2019 | 45,551 | 7,681 | 37,870 | 13.5 | — |
| 2020 | 61,839 | 70,263 | −8,424 | 2.6 | — |
| 2021 | 103,046 | 95,146 | 7,900 | 2.9 | — |
| 2022 | 119,025 | 106,428 | 12,597 | 3.8 | — |
| 2023 | 106,054 | 116,932 | −10,878 | 2.4 | — |
In its most recent public year (2023), this organization spent $10,878 more than it brought in. Its reserves stood at about 2.4 months 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
Life Changing Foundation Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works