Lightning Basketball Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,147,289 | 1,136,321 | 10,968 | 0.2 | 1% |
| 2012 | 1,078,198 | 1,072,871 | 5,327 | 0.2 | 1% |
| 2013 | 1,444,131 | 1,421,684 | 22,447 | 0.4 | 0% |
| 2014 | 1,419,751 | 1,467,510 | −47,759 | -0.0 | 0% |
| 2015 | 1,608,266 | 1,584,958 | 23,308 | 0.1 | 0% |
| 2016 | 1,380,386 | 1,319,237 | 61,149 | 0.7 | 0% |
| 2017 | 1,457,129 | 1,572,519 | −115,390 | -0.3 | 0% |
| 2018 | 1,447,975 | 1,503,561 | −55,586 | -0.7 | 0% |
| 2019 | 1,449,251 | 1,499,629 | −50,378 | -1.8 | 0% |
| 2020 | 279,175 | 278,625 | 550 | -9.7 | 0% |
| 2021 | 1,304,966 | 1,279,032 | 25,934 | -1.9 | 11% |
| 2022 | 1,632,155 | 1,829,698 | −197,543 | 0.0 | 9% |
In its most recent public year (2022), this organization spent $197,543 more than it brought in. Its reserves stood at about 0 months of spending. Staff pay was 9% 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 2022. 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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