Life Network Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 214,590 | 225,855 | −11,265 | 2.1 | 51% |
| 2012 | 499,013 | 317,712 | 181,301 | 8.3 | 46% |
| 2013 | 320,106 | 315,659 | 4,447 | 8.5 | 51% |
| 2014 | 476,997 | 359,091 | 117,906 | 11.5 | 49% |
| 2015 | 453,935 | 360,508 | 93,427 | 14.5 | 47% |
| 2016 | 399,657 | 368,331 | 31,326 | 15.2 | 47% |
| 2017 | 732,711 | 366,975 | 365,736 | 27.2 | 39% |
| 2018 | 482,670 | 393,455 | 89,215 | 27.9 | 42% |
| 2019 | 525,321 | 428,984 | 96,337 | 30.4 | 43% |
| 2020 | 790,263 | 378,588 | 411,675 | 47.1 | 26% |
| 2021 | 593,850 | 464,194 | 129,656 | 40.8 | 22% |
| 2022 | 525,034 | 410,813 | 114,221 | 46.5 | 43% |
| 2023 | 551,179 | 441,280 | 109,899 | 48.8 | 48% |
In its most recent public year (2023), this organization brought in $109,899 more than it spent. Its reserves stood at about 48.8 months of spending, up from 2.1 in 2011. Staff pay was 48% 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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