Lumber City Local Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 750,221 | 742,413 | 7,808 | 37.1 | 11% |
| 2012 | 366,857 | 655,469 | −288,612 | 35.6 | 13% |
| 2013 | 112,387 | 384,675 | −272,288 | 49.0 | 31% |
| 2014 | 194,661 | 211,362 | −16,701 | 82.6 | 42% |
| 2015 | 279,497 | 469,053 | −189,556 | 33.2 | 20% |
| 2016 | 217,843 | 207,747 | 10,096 | 75.6 | 49% |
| 2017 | 216,304 | 426,072 | −209,768 | 31.0 | 25% |
| 2018 | 221,665 | 317,146 | −95,481 | 38.0 | 35% |
| 2019 | 447,642 | 369,495 | 78,147 | 35.1 | 29% |
| 2020 | 72,400 | 234,993 | −162,593 | 47.0 | 45% |
| 2021 | 218,460 | 310,970 | −92,510 | 31.9 | 24% |
| 2022 | 714,866 | 356,907 | 357,959 | 39.8 | 10% |
| 2023 | 227,853 | 637,976 | −410,123 | 14.6 | 7% |
In its most recent public year (2023), this organization spent $410,123 more than it brought in. Its reserves stood at about 14.6 months of spending, down from 37.1 in 2011. Staff pay was 7% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works