Life Net Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 30,675 | 24,177 | 6,498 | -19.1 | — |
| 2012 | 26,023 | 16,214 | 9,809 | -21.3 | — |
| 2013 | 19,095 | 8,890 | 10,205 | -25.0 | — |
| 2014 | 0 | 10,141 | −10,141 | -33.9 | — |
| 2015 | 1,701 | 7,005 | −5,304 | -43.1 | — |
| 2016 | 9,213 | 7,670 | 1,543 | 2.4 | — |
| 2017 | 2,167 | 4,133 | −1,966 | 7.3 | — |
| 2018 | 2,135 | 8,268 | −6,133 | 1.4 | — |
| 2019 | 5,000 | 4,666 | 334 | 3.3 | — |
| 2020 | 6,000 | 6,959 | −959 | 0.5 | — |
| 2021 | 7,450 | 6,846 | 604 | 1.6 | — |
| 2022 | 28,050 | 10,277 | 17,773 | 21.8 | — |
| 2023 | 35,000 | 8,837 | 26,163 | 60.9 | — |
In its most recent public year (2023), this organization brought in $26,163 more than it spent. Its reserves stood at about 60.9 months of spending, up from -19.1 in 2011.
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
Life Net Community Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works