Lake Wales Charter Schools Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,870,759 | 1,867,288 | 3,471 | 2.1 | 0% |
| 2013 | 1,420,813 | 1,093,847 | 326,966 | 7.2 | 0% |
| 2014 | 756,436 | 783,043 | −26,607 | 12.1 | 0% |
| 2015 | 700,063 | 812,741 | −112,678 | 10.0 | 0% |
| 2016 | 2,238,343 | 696,791 | 1,541,552 | 38.2 | 0% |
| 2017 | 1,528,000 | 1,330,695 | 197,305 | 22.0 | 0% |
| 2018 | 1,409,976 | 2,876,254 | −1,466,278 | 4.0 | 0% |
| 2019 | 1,291,188 | 513,196 | 777,992 | 40.8 | 0% |
| 2020 | 905,732 | 836,206 | 69,526 | 26.1 | 0% |
| 2021 | 393,436 | 701,283 | −307,847 | 25.8 | 0% |
| 2022 | 592,927 | 538,043 | 54,884 | 34.9 | 0% |
| 2023 | 402,558 | 475,921 | −73,363 | 37.6 | 0% |
In its most recent public year (2023), this organization spent $73,363 more than it brought in. Its reserves stood at about 37.6 months of spending, up from 2.1 in 2012. Staff pay was 0% of spending. $90,581 of its net assets are donor-restricted.
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
Lake Wales Charter Schools Foundation Inc'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