Lorain Education Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 485,651 | 459,807 | 25,844 | 2.2 | 8% |
| 2012 | 480,678 | 462,707 | 17,971 | 2.6 | 8% |
| 2013 | 408,479 | 425,744 | −17,265 | 2.4 | 5% |
| 2014 | 433,369 | 418,141 | 15,228 | 2.8 | 2% |
| 2015 | 427,493 | 389,838 | 37,655 | 4.2 | 3% |
| 2016 | 398,975 | 438,438 | −39,463 | 2.7 | 2% |
| 2017 | 416,281 | 431,861 | −15,580 | 2.3 | 2% |
| 2018 | 464,170 | 486,977 | −22,807 | 1.4 | 2% |
| 2019 | 459,954 | 450,408 | 9,546 | 1.8 | 2% |
| 2020 | 465,961 | 445,217 | 20,744 | 2.4 | 2% |
| 2021 | 462,513 | 488,852 | −26,339 | 1.5 | 3% |
| 2022 | 521,699 | 522,780 | −1,081 | 1.4 | 0% |
| 2023 | 534,048 | 529,817 | 4,231 | 1.5 | 0% |
| 2024 | 549,633 | 550,268 | −635 | 1.4 | 0% |
In its most recent public year (2024), this organization spent $635 more than it brought in. Its reserves stood at about 1.4 months of spending. Staff pay was 0% 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
Lorain Education Association's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works