Life Concepts Independent Living Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 130,388 | 102,645 | 27,743 | 27.1 | 13% |
| 2013 | 95,877 | 91,721 | 4,156 | 30.9 | 15% |
| 2014 | 100,283 | 87,838 | 12,445 | 34.0 | 17% |
| 2015 | 100,164 | 103,852 | −3,688 | 28.3 | 15% |
| 2016 | 99,311 | 268,339 | −169,028 | 7.2 | 6% |
| 2017 | 97,867 | 117,032 | −19,165 | 14.6 | 13% |
| 2018 | 101,490 | 119,169 | −17,679 | 12.6 | 13% |
| 2019 | 97,532 | 122,180 | −24,648 | 9.8 | 12% |
| 2020 | 94,991 | 109,133 | −14,142 | 33.4 | 0% |
| 2021 | 89,781 | 126,505 | −36,724 | 24.0 | 0% |
| 2022 | 75,884 | 135,308 | −59,424 | 35.1 | 0% |
| 2023 | 80,920 | 141,138 | −60,218 | 28.4 | 0% |
In its most recent public year (2023), this organization spent $60,218 more than it brought in. Its reserves stood at about 28.4 months of spending, up from 27.1 in 2012. Staff pay was 0% of spending. $132,898 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
Life Concepts Independent Living 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