Local Independent Online News Publishers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 685,224 | 504,257 | 180,967 | 9.5 | 28% |
| 2020 | 3,137,662 | 834,941 | 2,302,721 | 38.8 | 49% |
| 2021 | 2,274,435 | 2,125,666 | 148,769 | 16.1 | 38% |
| 2022 | 3,946,331 | 4,203,044 | −256,713 | 7.4 | 25% |
| 2023 | 6,882,509 | 6,433,871 | 448,638 | 5.7 | 21% |
In its most recent public year (2023), this organization brought in $448,638 more than it spent. Its reserves stood at about 5.7 months of spending, down from 9.5 in 2019. Staff pay was 21% of spending. $705,547 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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