Changing Lives Together Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 76,371 | 42,232 | 34,139 | 9.7 | — |
| 2021 | 193,307 | 101,509 | 91,798 | 14.9 | — |
| 2022 | 166,133 | 160,512 | 5,621 | 9.8 | — |
| 2023 | 296,559 | 225,397 | 71,162 | 10.8 | 6% |
In its most recent public year (2023), this organization brought in $71,162 more than it spent. Its reserves stood at about 10.8 months of spending, up from 9.7 in 2020. Staff pay was 6% 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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