Life Coast Community Health Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 0 | 87,104 | −87,104 | -12.0 | 7% |
| 2020 | 512,422 | 1,719,605 | −1,207,183 | -9.0 | 12% |
| 2021 | 1,450,669 | 3,091,555 | −1,640,886 | -11.4 | 14% |
| 2022 | 2,298,542 | 3,315,234 | −1,016,692 | -14.3 | 15% |
| 2023 | 2,186,006 | 4,419,486 | −2,233,480 | -16.8 | 13% |
In its most recent public year (2023), this organization spent $2,233,480 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-16.8 months), down from -12 in 2019. Staff pay was 13% 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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