Lifenet Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 32,181,467 | 33,621,527 | −1,440,060 | 5.1 | 49% |
| 2021 | 37,401,240 | 35,823,166 | 1,578,074 | 5.3 | 53% |
| 2022 | 39,016,863 | 37,111,998 | 1,904,865 | 5.7 | 51% |
| 2023 | 38,638,320 | 37,615,146 | 1,023,174 | 6.0 | 57% |
In its most recent public year (2023), this organization brought in $1,023,174 more than it spent. Its reserves stood at about 6 months of spending. Staff pay was 57% 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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