Reserve At Lake Keowee Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 236,076 | 88,578 | 147,498 | 59.7 | 0% |
| 2021 | 281,867 | 238,704 | 43,163 | 24.3 | 0% |
| 2022 | 204,585 | 223,795 | −19,210 | 24.9 | 0% |
| 2023 | 199,390 | 225,962 | −26,572 | 23.3 | 0% |
In its most recent public year (2023), this organization spent $26,572 more than it brought in. Its reserves stood at about 23.3 months of spending, down from 59.7 in 2020. 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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