L3 Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 52,517 | 1,767 | 50,750 | 344.7 | — |
| 2015 | 75,146 | 19,780 | 55,366 | 33.6 | — |
| 2016 | 143,389 | 121,190 | 22,199 | 12.7 | — |
| 2017 | 131,991 | 124,643 | 7,348 | 13.1 | — |
| 2018 | 137,236 | 51,178 | 86,058 | 52.0 | — |
| 2019 | 215,373 | 214,749 | 624 | 12.4 | 0% |
| 2020 | 246,576 | 284,220 | −37,644 | 7.8 | 0% |
| 2021 | 122,258 | 25,135 | 97,123 | 134.5 | 0% |
| 2022 | 101,045 | 33,809 | 67,236 | 123.9 | 0% |
| 2023 | 103,622 | 27,448 | 76,174 | 185.9 | 0% |
In its most recent public year (2023), this organization brought in $76,174 more than it spent. Its reserves stood at about 185.9 months of spending, down from 344.7 in 2014. Staff pay was 0% of spending. $425,223 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
L3 Foundation'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