Life Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 18,410 | 18,358 | 52 | 0.0 | — |
| 2015 | 0 | 0 | 0 | — | — |
| 2020 | 41,478 | 37,192 | 4,286 | 1.4 | — |
| 2021 | 28,635 | 31,440 | −2,805 | 0.6 | — |
| 2022 | 1,844 | 3,252 | −1,408 | 0.6 | — |
In its most recent public year (2022), this organization spent $1,408 more than it brought in. Its reserves stood at about 0.6 months 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 2022. 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
Life Development Corporation's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works