Learning Excellence Foundation Of South Palm Beach Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,381,187 | 7,360,989 | 20,198 | 0.1 | 0% |
| 2012 | 6,981,187 | 6,855,665 | 125,522 | 0.4 | 0% |
| 2013 | 6,819,235 | 6,676,121 | 143,114 | 0.6 | 0% |
| 2014 | 7,512,101 | 7,155,658 | 356,443 | 1.2 | 0% |
| 2015 | 7,763,677 | 7,447,742 | 315,935 | 1.6 | 0% |
| 2016 | 8,012,304 | 7,706,994 | 305,310 | 2.9 | 0% |
| 2017 | 8,055,563 | 7,975,475 | 80,088 | 2.9 | 0% |
| 2018 | 8,669,467 | 8,482,992 | 186,475 | 3.0 | 0% |
| 2019 | 8,991,656 | 8,825,411 | 166,245 | 3.1 | 41% |
| 2020 | 9,029,752 | 8,941,736 | 88,016 | 3.2 | 44% |
| 2021 | 9,081,154 | 8,768,155 | 312,999 | 3.7 | 40% |
| 2022 | 11,061,403 | 11,040,411 | 20,992 | 2.4 | 40% |
| 2023 | 12,932,971 | 12,549,392 | 383,579 | 2.4 | 38% |
In its most recent public year (2023), this organization brought in $383,579 more than it spent. Its reserves stood at about 2.4 months of spending, up from 0.1 in 2011. Staff pay was 38% 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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