Lake Cable Recreation Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 819,387 | 814,143 | 5,244 | 34.8 | 36% |
| 2022 | 851,603 | 937,483 | −85,880 | 29.2 | 35% |
| 2023 | 805,420 | 770,940 | 34,480 | 36.0 | 37% |
In its most recent public year (2023), this organization brought in $34,480 more than it spent. Its reserves stood at about 36 months of spending, up from 34.8 in 2021. Staff pay was 37% 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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