Lovepacs
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,252,355 | 360,054 | 892,301 | 0.0 | 0% |
| 2021 | 888,875 | 395,001 | 493,874 | 16.7 | 0% |
| 2022 | 1,089,031 | 596,138 | 492,893 | 11.2 | 0% |
| 2023 | 1,238,002 | 684,720 | 553,282 | 8.7 | 0% |
In its most recent public year (2023), this organization brought in $553,282 more than it spent. Its reserves stood at about 8.7 months of spending, up from 0 in 2020. 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 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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