Learning For Life
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,371,126 | 3,054,570 | 316,556 | 20.1 | 0% |
| 2021 | 2,051,482 | 2,846,341 | −794,859 | 18.2 | 0% |
| 2022 | 1,713,946 | 1,582,027 | 131,919 | 32.8 | 0% |
| 2023 | 1,849,023 | 1,481,692 | 367,331 | 38.0 | 0% |
In its most recent public year (2023), this organization brought in $367,331 more than it spent. Its reserves stood at about 38 months of spending, up from 20.1 in 2020. Staff pay was 0% of spending. $1,323,898 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
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