Learning Independence For Tomorrow Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 340,723 | 246,156 | 94,567 | 4.6 | 33% |
| 2015 | 687,940 | 556,260 | 131,680 | 6.9 | 70% |
| 2016 | 1,075,297 | 750,182 | 325,115 | 10.3 | 76% |
| 2017 | 1,369,175 | 1,283,471 | 85,704 | 6.9 | 67% |
| 2018 | 1,694,498 | 1,560,447 | 134,051 | 6.7 | 64% |
| 2019 | 1,885,948 | 1,796,629 | 89,319 | 6.6 | 73% |
| 2020 | 1,920,592 | 2,180,777 | −260,185 | 4.0 | 70% |
| 2021 | 2,733,297 | 2,302,037 | 431,260 | 6.1 | 68% |
| 2022 | 6,565,939 | 2,726,802 | 3,839,137 | 22.0 | 63% |
| 2023 | 8,108,088 | 4,204,329 | 3,903,759 | 25.4 | 50% |
In its most recent public year (2023), this organization brought in $3,903,759 more than it spent. Its reserves stood at about 25.4 months of spending, up from 4.6 in 2013. Staff pay was 50% of spending. $239,366 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
Learning Independence For Tomorrow Incorporated'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