Lovemark Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 158,792 | 105,326 | 53,466 | 6.1 | 0% |
| 2018 | 176,112 | 102,495 | 73,617 | 14.9 | 0% |
| 2019 | 147,480 | 190,762 | −43,282 | 5.3 | 0% |
| 2020 | 54,932 | 45,656 | 9,276 | 24.5 | 0% |
| 2021 | 175,272 | 207,396 | −32,124 | 3.5 | 0% |
| 2022 | 222,518 | 210,726 | 11,792 | 4.1 | 0% |
| 2023 | 159,883 | 148,514 | 11,369 | 6.8 | 0% |
In its most recent public year (2023), this organization brought in $11,369 more than it spent. Its reserves stood at about 6.8 months of spending. Staff pay was 0% 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
Lovemark Foundation 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