Life Changes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 74,565 | 72,643 | 1,922 | 0.4 | — |
| 2013 | 88,470 | 89,038 | −568 | 0.2 | — |
| 2014 | 71,793 | 72,068 | −275 | 0.2 | — |
| 2015 | 202,232 | 130,324 | 71,908 | 6.8 | 5% |
| 2016 | 198,920 | 209,055 | −10,135 | 0.5 | 7% |
| 2017 | 239,938 | 222,285 | 17,653 | 1.4 | 0% |
| 2018 | 275,701 | 288,508 | −12,807 | 0.5 | 0% |
| 2019 | 412,284 | 278,278 | 134,006 | 6.3 | 0% |
| 2020 | 420,453 | 441,076 | −20,623 | 0.5 | 0% |
| 2021 | 487,413 | 481,371 | 6,042 | 0.7 | 6% |
| 2022 | 1,744,329 | 895,916 | 848,413 | 11.7 | 17% |
| 2023 | 1,260,002 | 1,326,479 | −66,477 | 7.3 | 31% |
In its most recent public year (2023), this organization spent $66,477 more than it brought in. Its reserves stood at about 7.3 months of spending, up from 0.4 in 2012. Staff pay was 31% 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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