Closer Look Learning Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 659,821 | 651,199 | 8,622 | 0.2 | 60% |
| 2021 | 531,192 | 525,551 | 5,641 | 0.3 | 57% |
| 2022 | 647,058 | 631,484 | 15,574 | 0.3 | 55% |
| 2023 | 736,908 | 779,016 | −42,108 | -0.5 | 55% |
In its most recent public year (2023), this organization spent $42,108 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.5 months). Staff pay was 55% of spending. $1,914 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
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