Love Never Fails International Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 100,088 | 93,039 | 7,049 | 3.0 | — |
| 2017 | 117,108 | 129,363 | −12,255 | 1.0 | 0% |
| 2018 | 82,803 | 81,670 | 1,133 | 1.7 | 0% |
| 2019 | 235,948 | 221,678 | 14,270 | 1.4 | 6% |
| 2020 | 479,303 | 269,649 | 209,654 | 10.5 | 15% |
| 2021 | 530,850 | 253,512 | 277,338 | 24.3 | 39% |
| 2022 | 323,843 | 375,495 | −51,652 | 14.7 | 36% |
| 2023 | 181,672 | 235,524 | −53,852 | 20.6 | 41% |
In its most recent public year (2023), this organization spent $53,852 more than it brought in. Its reserves stood at about 20.6 months of spending, up from 3 in 2016. Staff pay was 41% of spending. $10,000 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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