Lake Wales Soccer Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 93,347 | 76,093 | 17,254 | 3.5 | — |
| 2012 | 98,105 | 92,529 | 5,576 | 3.7 | — |
| 2013 | 110,886 | 104,982 | 5,904 | 4.0 | — |
| 2014 | 111,455 | 110,687 | 768 | 3.9 | — |
| 2015 | 95,724 | 90,193 | 5,531 | 5.8 | — |
| 2016 | 80,343 | 70,000 | 10,343 | 9.3 | — |
| 2017 | 76,783 | 89,905 | −13,122 | 5.5 | — |
| 2018 | 98,584 | 74,412 | 24,172 | 10.5 | — |
| 2019 | 106,951 | 98,085 | 8,866 | 9.1 | — |
| 2020 | 70,732 | 58,119 | 12,613 | 17.9 | — |
| 2021 | 104,621 | 84,467 | 20,154 | 15.2 | — |
| 2022 | 99,441 | 126,953 | −27,512 | 7.5 | — |
| 2023 | 108,671 | 86,304 | 22,367 | 14.1 | — |
In its most recent public year (2023), this organization brought in $22,367 more than it spent. Its reserves stood at about 14.1 months of spending, up from 3.5 in 2011.
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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