Lakeland-Andover School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,694,052 | 1,678,360 | 15,692 | 1.9 | 65% |
| 2021 | 1,752,146 | 1,735,848 | 16,298 | 1.9 | 63% |
| 2022 | 1,704,918 | 1,747,259 | −42,341 | 1.6 | 64% |
| 2023 | 1,890,473 | 1,843,165 | 47,308 | 1.8 | 61% |
| 2024 | 1,879,067 | 1,882,551 | −3,484 | 1.8 | 64% |
In its most recent public year (2024), this organization spent $3,484 more than it brought in. Its reserves stood at about 1.8 months of spending. Staff pay was 64% 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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