Lifelong Learning Institute In Chesterfield County Virginia Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 252,573 | 225,997 | 26,576 | 30.2 | 0% |
| 2022 | 283,506 | 273,363 | 10,143 | 24.8 | 0% |
| 2023 | −30,985 | 321,181 | −352,166 | 74.3 | 0% |
| 2024 | 412,687 | 396,646 | 16,041 | 56.4 | 0% |
In its most recent public year (2024), this organization brought in $16,041 more than it spent. Its reserves stood at about 56.4 months of spending, up from 30.2 in 2021. Staff pay was 0% of spending. $1,615,620 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 2024. 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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