Lovejoy Professional Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 41,906 | 43,508 | −1,602 | 1.8 | — |
| 2019 | 35,230 | 33,805 | 1,425 | 2.9 | — |
| 2022 | 62,699 | 54,738 | 7,961 | 1.9 | — |
| 2023 | 73,160 | 74,393 | −1,233 | 1.2 | — |
In its most recent public year (2023), this organization spent $1,233 more than it brought in. Its reserves stood at about 1.2 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 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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