Lake Leelanau Rowing Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 48,421 | 40,320 | 8,101 | 8.4 | — |
| 2016 | 86,236 | 59,711 | 26,525 | 11.0 | — |
| 2017 | 111,841 | 139,128 | −27,287 | 2.4 | — |
| 2018 | 117,488 | 187,622 | −70,134 | -2.7 | — |
| 2019 | 83,001 | 81,724 | 1,277 | -6.1 | — |
| 2020 | 75,989 | 79,323 | −3,334 | -6.9 | — |
| 2021 | 61,910 | 75,633 | −13,723 | -9.4 | — |
| 2022 | 26,564 | 34,269 | −7,705 | -23.4 | — |
| 2023 | 15,766 | 18,498 | −2,732 | -45.2 | — |
In its most recent public year (2023), this organization spent $2,732 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-45.2 months), down from 8.4 in 2015.
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 Leelanau Rowing Club'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