Lifelong Skills Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 481,526 | 455,187 | 26,339 | 0.7 | 37% |
| 2016 | 1,093,044 | 784,268 | 308,776 | 5.1 | 46% |
| 2017 | 1,247,214 | 903,248 | 343,966 | 8.9 | 45% |
| 2018 | 1,450,013 | 1,088,194 | 361,819 | 11.4 | 58% |
| 2019 | 1,577,347 | 1,348,838 | 228,509 | 11.2 | 46% |
| 2020 | 1,420,558 | 1,201,753 | 218,805 | 14.7 | 52% |
| 2021 | 1,842,122 | 1,356,390 | 485,732 | 17.4 | 57% |
| 2022 | 1,638,881 | 1,347,967 | 290,914 | 20.1 | 53% |
| 2023 | 25,444 | 26,040 | −596 | 1044.7 | 0% |
In its most recent public year (2023), this organization spent $596 more than it brought in. Its reserves stood at about 1044.7 months of spending, up from 0.7 in 2015. 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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