Learning Is Open Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 0 | 0 | 0 | — | — |
| 2022 | 0 | 0 | 0 | — | — |
| 2023 | 19,709 | 19,608 | 101 | -7.2 | — |
| 2024 | 11,261 | 9,353 | 1,908 | -12.6 | — |
In its most recent public year (2024), this organization brought in $1,908 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-12.6 months).
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 2024. 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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