Luv Michael Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 30,752 | 24,955 | 5,797 | 2.8 | — |
| 2017 | 199,011 | 204,129 | −5,118 | 0.0 | — |
| 2018 | 563,277 | 465,677 | 97,600 | 2.5 | 23% |
| 2019 | 1,096,514 | 612,601 | 483,913 | 11.4 | 0% |
| 2020 | 744,748 | 835,244 | −90,496 | 7.1 | 13% |
| 2021 | 1,343,202 | 1,498,067 | −154,865 | 2.9 | 13% |
| 2022 | 1,712,206 | 1,931,557 | −219,351 | 1.1 | 10% |
| 2023 | 1,833,907 | 1,994,819 | −160,912 | 0.1 | 12% |
In its most recent public year (2023), this organization spent $160,912 more than it brought in. Its reserves stood at about 0.1 months of spending, down from 2.8 in 2016. Staff pay was 12% 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
Luv Michael Inc's IRS filings as a feed — one entry per filing year, through 2023. 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