Loving Care Academy & Learning Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 79,651 | 76,652 | 2,999 | 0.7 | 41% |
| 2021 | 84,039 | 106,804 | −22,765 | -2.1 | 45% |
| 2022 | 82,123 | 78,675 | 3,448 | -2.3 | 39% |
| 2023 | 83,029 | 69,032 | 13,997 | -0.1 | 26% |
In its most recent public year (2023), this organization brought in $13,997 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.1 months). Staff pay was 26% 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
Loving Care Academy & Learning Center Inc'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