Education Foundation Of The Forest Lake Area
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 43,631 | 30,679 | 12,952 | 42.5 | — |
| 2017 | 64,965 | 37,448 | 27,517 | 43.7 | — |
| 2018 | 70,150 | 52,718 | 17,432 | 35.0 | — |
| 2019 | 78,916 | 81,514 | −2,598 | 22.2 | — |
| 2020 | 80,778 | 82,719 | −1,941 | 21.6 | — |
| 2021 | 73,470 | 48,659 | 24,811 | 42.9 | — |
| 2022 | 93,529 | 87,670 | 5,859 | 24.6 | — |
| 2023 | 65,799 | 67,459 | −1,660 | 31.7 | — |
In its most recent public year (2023), this organization spent $1,660 more than it brought in. Its reserves stood at about 31.7 months of spending, down from 42.5 in 2016.
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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