Life Impact Network Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 819,808 | 851,091 | −31,283 | 3.7 | 55% |
| 2012 | 1,223,467 | 1,043,450 | 180,017 | 5.4 | 47% |
| 2013 | 615,272 | 799,558 | −184,286 | 4.3 | 51% |
| 2014 | 168,600 | 429,841 | −261,241 | 0.7 | 32% |
| 2018 | 190,370 | 72,176 | 118,194 | 20.9 | — |
| 2019 | 74,629 | 116,352 | −41,723 | 8.7 | 0% |
| 2020 | 124,543 | 76,613 | 47,930 | 20.7 | 55% |
| 2021 | 110,216 | 99,647 | 10,569 | 17.2 | 38% |
| 2022 | 114,022 | 121,558 | −7,536 | 13.3 | 37% |
| 2023 | 88,596 | 96,356 | −7,760 | 15.8 | 46% |
In its most recent public year (2023), this organization spent $7,760 more than it brought in. Its reserves stood at about 15.8 months of spending, up from 3.7 in 2011. Staff pay was 46% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works