Life Choices Rowan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 255,975 | 233,960 | 22,015 | 13.0 | 63% |
| 2021 | 316,509 | 283,067 | 33,442 | 13.4 | 63% |
| 2022 | 303,773 | 342,532 | −38,759 | 9.7 | 63% |
| 2023 | 469,440 | 312,107 | 157,333 | 16.7 | 58% |
In its most recent public year (2023), this organization brought in $157,333 more than it spent. Its reserves stood at about 16.7 months of spending, up from 13 in 2020. Staff pay was 58% 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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