Lake George Conservancy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 330,388 | 78,073 | 252,315 | 432.6 | 0% |
| 2021 | 117,287 | 67,049 | 50,238 | 512.8 | 0% |
| 2022 | 91,838 | 63,020 | 28,818 | 551.0 | 0% |
| 2023 | 95,277 | 70,616 | 24,661 | 496.0 | 0% |
In its most recent public year (2023), this organization brought in $24,661 more than it spent. Its reserves stood at about 496 months of spending, up from 432.6 in 2020. Staff pay was 0% of spending. $2,693,538 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
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