Labor Mobility Partnerships Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 875,689 | 197,874 | 677,815 | 41.4 | 76% |
| 2021 | 2,052,500 | 732,940 | 1,319,560 | 32.8 | 42% |
| 2022 | 2,152,770 | 1,665,476 | 487,294 | 17.9 | 30% |
| 2023 | 2,785,061 | 2,502,458 | 282,603 | 13.3 | 47% |
In its most recent public year (2023), this organization brought in $282,603 more than it spent. Its reserves stood at about 13.3 months of spending, down from 41.4 in 2020. Staff pay was 47% of spending. $1,481,757 of its net assets are donor-restricted.
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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