Life Concepts Independent Living Ii Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 58,922 | 62,931 | −4,009 | -12.7 | 7% |
| 2013 | 41,088 | 76,750 | −35,662 | -16.0 | 5% |
| 2014 | 53,433 | 54,338 | −905 | -22.8 | 8% |
| 2015 | 36,950 | 60,935 | −23,985 | -25.1 | 7% |
| 2016 | 43,263 | 86,766 | −43,503 | -23.6 | 5% |
| 2017 | 64,465 | 47,067 | 17,398 | -39.1 | 8% |
| 2018 | 52,892 | 59,046 | −6,154 | -32.4 | 7% |
| 2019 | 75,494 | 62,758 | 12,736 | -28.1 | 7% |
| 2020 | 74,795 | 67,338 | 7,457 | -24.8 | 0% |
| 2021 | 74,394 | 63,165 | 11,229 | -24.3 | 0% |
| 2022 | 71,427 | 63,761 | 7,666 | -22.7 | 0% |
| 2023 | 65,896 | 70,554 | −4,658 | -21.3 | 0% |
In its most recent public year (2023), this organization spent $4,658 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-21.3 months), down from -12.7 in 2012. Staff pay was 0% 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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