Lapeer County Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,629,308 | 599,219 | 1,030,089 | 132.6 | 7% |
| 2012 | 395,139 | 682,654 | −287,515 | 119.7 | 6% |
| 2013 | 722,119 | 474,190 | 247,929 | 191.9 | 10% |
| 2014 | 766,200 | 455,985 | 310,215 | 203.3 | 11% |
| 2015 | 603,830 | 540,114 | 63,716 | 166.1 | 10% |
| 2016 | 576,964 | 569,929 | 7,035 | 167.0 | 14% |
| 2017 | 912,195 | 697,725 | 214,470 | 148.2 | 11% |
| 2018 | 1,207,209 | 734,511 | 472,698 | 130.5 | 11% |
| 2019 | 1,098,548 | 703,526 | 395,022 | 164.9 | 13% |
| 2020 | 1,023,062 | 846,532 | 176,530 | 155.9 | 13% |
| 2021 | 1,615,600 | 895,708 | 719,892 | 170.6 | 13% |
| 2022 | 1,769,199 | 925,497 | 843,702 | 150.0 | 15% |
| 2023 | 4,172,731 | 1,126,203 | 3,046,528 | 166.8 | 13% |
In its most recent public year (2023), this organization brought in $3,046,528 more than it spent. Its reserves stood at about 166.8 months of spending, up from 132.6 in 2011. Staff pay was 13% of spending. $189,037 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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