Life Training Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 162,179 | 138,576 | 23,603 | 3.1 | — |
| 2012 | 190,589 | 156,937 | 33,652 | 5.3 | — |
| 2013 | 252,920 | 266,952 | −14,032 | 2.5 | 48% |
| 2014 | 362,699 | 351,911 | 10,788 | 2.2 | 67% |
| 2015 | 392,313 | 337,315 | 54,998 | 4.3 | 75% |
| 2016 | 325,921 | 369,480 | −43,559 | 2.5 | 78% |
| 2017 | 353,964 | 336,614 | 17,350 | 3.4 | 76% |
| 2018 | 325,696 | 368,515 | −42,819 | 1.7 | 74% |
| 2019 | 389,029 | 364,801 | 24,228 | 2.5 | 74% |
| 2020 | 553,099 | 375,801 | 177,298 | 8.1 | 70% |
| 2021 | 507,266 | 438,126 | 69,140 | 8.8 | 62% |
| 2022 | 353,410 | 343,301 | 10,109 | 11.6 | 56% |
| 2023 | 247,670 | 278,675 | −31,005 | 13.0 | 43% |
In its most recent public year (2023), this organization spent $31,005 more than it brought in. Its reserves stood at about 13 months of spending, up from 3.1 in 2011. Staff pay was 43% 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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