Lake Erie Regional Section Institute Of Food Technologists
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 58,034 | 26,826 | 31,208 | 29.3 | — |
| 2012 | 65,371 | 44,192 | 21,179 | 21.5 | — |
| 2013 | 65,318 | 54,031 | 11,287 | 20.1 | — |
| 2014 | 49,323 | 47,127 | 2,196 | 23.6 | — |
| 2015 | 66,478 | 66,121 | 357 | 0.0 | — |
| 2016 | 50,279 | 45,723 | 4,556 | 26.8 | — |
| 2017 | 42,960 | 50,971 | −8,011 | 22.1 | — |
| 2018 | 70,965 | 52,311 | 18,654 | 26.6 | — |
| 2019 | 23,393 | 18,539 | 4,854 | 78.1 | — |
| 2020 | 10,092 | 18,566 | −8,474 | 72.5 | — |
In its most recent public year (2020), this organization spent $8,474 more than it brought in. Its reserves stood at about 72.5 months of spending, up from 29.3 in 2011.
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 2020. 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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