Learning Center Of North Texas Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 705,765 | 702,081 | 3,684 | 11.0 | 65% |
| 2020 | 623,960 | 696,974 | −73,014 | 9.9 | 66% |
| 2021 | 892,258 | 702,930 | 189,328 | 13.0 | 66% |
| 2022 | 823,849 | 734,044 | 89,805 | 13.9 | 69% |
| 2023 | 798,218 | 752,109 | 46,109 | 14.3 | 71% |
In its most recent public year (2023), this organization brought in $46,109 more than it spent. Its reserves stood at about 14.3 months of spending, up from 11 in 2019. Staff pay was 71% of spending. $181,840 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
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