Local Infant Formula For Emergencies Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 294,995 | 308,868 | −13,873 | 4.7 | 47% |
| 2011 | 328,460 | 273,755 | 54,705 | 7.7 | 48% |
| 2012 | 222,837 | 275,655 | −52,818 | 4.1 | 47% |
| 2013 | 402,876 | 307,565 | 95,311 | 7.4 | 49% |
| 2014 | 409,530 | 329,631 | 79,899 | 9.8 | 48% |
| 2015 | 407,536 | 397,169 | 10,367 | 8.5 | 54% |
| 2016 | 374,314 | 375,768 | −1,454 | 8.9 | 48% |
| 2017 | 490,058 | 357,271 | 132,787 | 13.8 | 47% |
| 2018 | 385,124 | 430,179 | −45,055 | 10.2 | 41% |
| 2019 | 511,804 | 422,283 | 89,521 | 12.9 | 39% |
| 2020 | 721,960 | 603,277 | 118,683 | 11.4 | 35% |
| 2021 | 764,385 | 742,988 | 21,397 | 9.6 | 39% |
| 2022 | 873,828 | 856,338 | 17,490 | 8.6 | 40% |
| 2023 | 904,849 | 1,029,752 | −124,903 | 5.7 | 34% |
In its most recent public year (2023), this organization spent $124,903 more than it brought in. Its reserves stood at about 5.7 months of spending. Staff pay was 34% of spending. $109,562 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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