Labi Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 756,449 | 636,783 | 119,666 | 2.3 | 0% |
| 2017 | 165,000 | 279,802 | −114,802 | 0.2 | 0% |
| 2018 | 475 | 3,840 | −3,365 | 4.7 | 0% |
| 2019 | 58,000 | 4,575 | 53,425 | 144.1 | — |
| 2020 | 693,092 | 746,256 | −53,164 | 0.0 | 0% |
| 2021 | 222,409 | 71,202 | 151,207 | 25.8 | 0% |
| 2022 | 383,943 | 460,672 | −76,729 | 2.0 | 0% |
| 2023 | 475,000 | 504,614 | −29,614 | 1.1 | 0% |
In its most recent public year (2023), this organization spent $29,614 more than it brought in. Its reserves stood at about 1.1 months of spending, down from 2.3 in 2016. 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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