Lane Rmc Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 28,117 | 89,970 | −61,853 | -14.4 | 65% |
| 2021 | 31,522 | 98,855 | −67,333 | -21.3 | 64% |
| 2022 | 33,273 | 135,615 | −102,342 | -24.6 | 46% |
| 2023 | 52,560 | 110,833 | −58,273 | -36.4 | 64% |
In its most recent public year (2023), this organization spent $58,273 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-36.4 months), down from -14.4 in 2020. 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 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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