Lovely Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 80,481 | 92,155 | −11,674 | 2.4 | 0% |
| 2016 | 62,513 | 60,284 | 2,229 | 4.1 | 0% |
| 2017 | 9,850 | 24,374 | −14,524 | 3.1 | 23% |
| 2018 | 15,185 | 15,396 | −211 | 4.7 | 34% |
| 2019 | 78,814 | 27,743 | 51,071 | 24.7 | 19% |
| 2020 | 31,764 | 43,680 | −11,916 | 12.4 | 13% |
| 2021 | 121,849 | 92,648 | 29,201 | 9.6 | 11% |
| 2022 | 121,436 | 61,322 | 60,114 | 26.3 | 44% |
| 2023 | 168,129 | 83,099 | 85,030 | 31.7 | 60% |
In its most recent public year (2023), this organization brought in $85,030 more than it spent. Its reserves stood at about 31.7 months of spending, up from 2.4 in 2015. Staff pay was 60% 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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