Lifeventure Group Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 129,777 | 115,765 | 14,012 | 1.5 | — |
| 2021 | 134,171 | 131,923 | 2,248 | 3.7 | — |
| 2022 | 143,660 | 135,842 | 7,818 | 4.3 | — |
| 2023 | 172,204 | 153,697 | 18,507 | 5.2 | — |
In its most recent public year (2023), this organization brought in $18,507 more than it spent. Its reserves stood at about 5.2 months of spending, up from 1.5 in 2020.
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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