Light Economic And Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 17,825 | 18,656 | −831 | -4.3 | — |
| 2011 | 17,525 | 15,563 | 1,962 | -3.7 | — |
| 2023 | 177,820 | 16,722 | 161,098 | 47.5 | 40% |
In its most recent public year (2023), this organization brought in $161,098 more than it spent. Its reserves stood at about 47.5 months of spending, up from -4.3 in 2010. Staff pay was 40% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works