Lake County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 41,506 | 2,892 | 38,614 | 160.2 | — |
| 2013 | 151,875 | 69,606 | 82,269 | 20.8 | — |
| 2014 | 122,525 | 122,831 | −306 | 11.8 | — |
| 2015 | 212,357 | 167,473 | 44,884 | 11.9 | 60% |
| 2016 | 161,260 | 164,991 | −3,731 | 11.8 | — |
| 2017 | 146,480 | 124,577 | 21,903 | 17.7 | — |
| 2018 | 132,375 | 125,650 | 6,725 | 18.2 | — |
| 2019 | 109,764 | 90,486 | 19,278 | 27.8 | — |
| 2020 | 262,352 | 245,349 | 17,003 | 11.1 | 23% |
| 2021 | 285,892 | 281,962 | 3,930 | 9.8 | 58% |
| 2022 | 288,482 | 229,730 | 58,752 | 15.1 | 58% |
| 2023 | 1,245 | 89,953 | −88,708 | 26.6 | — |
In its most recent public year (2023), this organization spent $88,708 more than it brought in. Its reserves stood at about 26.6 months of spending, down from 160.2 in 2012.
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 County Economic Development Corporation'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