Lacoochee Area Redevelopment Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 195,686 | 0 | 195,686 | — | — |
| 2012 | 2,581 | 1,337 | 1,244 | 1498.2 | — |
| 2013 | 1,349,617 | 4,596 | 1,345,021 | 3947.7 | 0% |
| 2014 | 423,385 | 6,338 | 417,047 | 3652.3 | 0% |
| 2015 | 155,578 | 80,742 | 74,836 | 297.8 | 0% |
| 2016 | 5,000 | 50,757 | −45,757 | 462.9 | 0% |
| 2017 | 0 | 50,742 | −50,742 | 451.1 | 0% |
| 2018 | 0 | 50,742 | −50,742 | 439.1 | 0% |
| 2019 | 0 | 50,742 | −50,742 | 427.1 | 0% |
| 2020 | 0 | 50,742 | −50,742 | 415.1 | 0% |
| 2021 | 552 | 50,767 | −50,215 | 403.0 | 0% |
| 2022 | 1,000 | 52,478 | −51,478 | 378.1 | 0% |
| 2023 | 500 | 50,804 | −50,304 | 378.7 | 0% |
In its most recent public year (2023), this organization spent $50,304 more than it brought in. Its reserves stood at about 378.7 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 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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