Lf Summits Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 373,044 | 342,832 | 30,212 | 40.0 | 0% |
| 2021 | 468,361 | 240,448 | 227,913 | 68.5 | 0% |
| 2022 | 595,703 | 915,839 | −320,136 | 13.8 | 0% |
| 2023 | 0 | 0 | 0 | — | — |
In its most recent public year (2023), this organization brought in $0 more than it spent.
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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