Shore Owners Association Of Lake Placid
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 39,484 | 29,996 | 9,488 | 148.4 | — |
| 2012 | 48,091 | 34,351 | 13,740 | 133.5 | — |
| 2013 | 41,108 | 47,945 | −6,837 | 91.9 | — |
| 2014 | 46,801 | 43,938 | 2,863 | 110.3 | — |
| 2015 | 50,690 | 21,455 | 29,235 | 243.3 | — |
| 2016 | 50,200 | 61,611 | −11,411 | 80.6 | — |
| 2017 | 110,434 | 137,573 | −27,139 | 36.8 | — |
| 2018 | 78,941 | 29,797 | 49,144 | 200.9 | — |
| 2019 | 66,610 | 79,567 | −12,957 | 74.4 | — |
| 2020 | 72,009 | 51,186 | 20,823 | 126.3 | 16% |
| 2021 | 76,461 | 45,826 | 30,635 | 152.4 | 0% |
| 2022 | 48,649 | 63,193 | −14,544 | 37.9 | 0% |
| 2023 | 48,066 | 45,031 | 3,035 | 62.8 | 0% |
In its most recent public year (2023), this organization brought in $3,035 more than it spent. Its reserves stood at about 62.8 months of spending, down from 148.4 in 2011. Staff pay was 0% 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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