Lake Norman Christian School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 943,855 | 951,591 | −7,736 | 2.1 | 55% |
| 2013 | 1,050,452 | 1,037,976 | 12,476 | 2.3 | 64% |
| 2014 | 934,487 | 1,022,169 | −87,682 | 0.7 | 65% |
| 2015 | 1,155,543 | 1,199,820 | −44,277 | 0.7 | 61% |
| 2016 | 1,250,648 | 1,257,538 | −6,890 | 0.6 | 66% |
| 2017 | 1,373,039 | 1,257,447 | 115,592 | 1.7 | 68% |
| 2018 | 1,472,047 | 1,419,382 | 52,665 | 1.6 | 61% |
| 2019 | 1,109,301 | 1,209,745 | −100,444 | 0.9 | 53% |
| 2020 | 1,181,110 | 1,259,570 | −78,460 | 0.1 | 52% |
| 2021 | 1,904,653 | 1,495,526 | 409,127 | 3.4 | 44% |
| 2022 | 1,666,715 | 1,886,308 | −219,593 | 1.3 | 49% |
| 2023 | 1,371,511 | 1,572,662 | −201,151 | 0.0 | 51% |
In its most recent public year (2023), this organization spent $201,151 more than it brought in. Its reserves stood at about 0 months of spending, down from 2.1 in 2012. Staff pay was 51% 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
Lake Norman Christian School's IRS filings as a feed — one entry per filing year, through 2023. 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