Lab School Of Memphis Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2023 | 356,266 | 240,036 | 116,230 | 3.2 | 43% |
| 2024 | 336,399 | 430,605 | −94,206 | -0.4 | 50% |
In its most recent public year (2024), this organization spent $94,206 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.4 months), down from 3.2 in 2023. Staff pay was 50% 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 2024. 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
Lab School Of Memphis Inc's IRS filings as a feed — one entry per filing year, through 2024. 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