Lotus Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 15,882 | 8,802 | 7,080 | 9.7 | — |
| 2019 | 26,836 | 43,980 | −17,144 | -2.5 | — |
| 2020 | 176,173 | 160,530 | 15,643 | 0.5 | — |
| 2021 | 291,785 | 342,737 | −50,952 | -1.6 | 64% |
| 2022 | 938,902 | 861,011 | 77,891 | 0.5 | 55% |
| 2023 | 1,089,293 | 1,155,111 | −65,818 | -0.3 | 60% |
In its most recent public year (2023), this organization spent $65,818 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.3 months), down from 9.7 in 2018. Staff pay was 60% 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
Lotus Center 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