Lake Owassa Community Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 51,975 | 46,625 | 5,350 | 32.8 | — |
| 2012 | 49,580 | 46,632 | 2,948 | 33.6 | — |
| 2013 | 51,838 | 75,309 | −23,471 | 13.1 | — |
| 2014 | 42,998 | 50,052 | −7,054 | 22.7 | — |
| 2015 | 66,755 | 64,268 | 2,487 | 18.6 | — |
| 2016 | 66,274 | 55,683 | 10,591 | 23.7 | — |
| 2017 | 64,849 | 63,168 | 1,681 | 21.2 | — |
| 2018 | 78,881 | 61,526 | 17,355 | 25.2 | — |
| 2019 | 76,596 | 70,661 | 5,935 | 21.6 | — |
| 2020 | 75,492 | 79,724 | −4,232 | 18.6 | — |
| 2021 | 113,353 | 84,191 | 29,162 | 21.7 | — |
| 2022 | 354,729 | 169,273 | 185,456 | 23.2 | 13% |
| 2023 | 306,057 | 286,380 | 19,677 | 14.5 | 9% |
| 2024 | 328,979 | 282,031 | 46,948 | 16.8 | 10% |
In its most recent public year (2024), this organization brought in $46,948 more than it spent. Its reserves stood at about 16.8 months of spending, down from 32.8 in 2011. Staff pay was 10% 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 2024. 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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