Lakeland Aero Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 118,535 | 19,422 | 99,113 | 61.2 | — |
| 2016 | 446,125 | 218,539 | 227,586 | 17.9 | 26% |
| 2017 | 310,363 | 301,477 | 8,886 | 14.9 | 32% |
| 2018 | 282,137 | 352,745 | −70,608 | 10.3 | 24% |
| 2019 | 222,137 | 170,178 | 51,959 | 25.1 | 24% |
| 2020 | 231,871 | 293,158 | −61,287 | 12.1 | 34% |
| 2021 | 291,827 | 295,788 | −3,961 | 15.4 | 34% |
| 2022 | 350,777 | 309,436 | 41,341 | 16.4 | 36% |
| 2023 | 299,184 | 303,285 | −4,101 | 16.5 | 41% |
In its most recent public year (2023), this organization spent $4,101 more than it brought in. Its reserves stood at about 16.5 months of spending, down from 61.2 in 2015. Staff pay was 41% 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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