Lake Hospital Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,532,401 | 2,200,662 | −668,261 | 40.4 | 0% |
| 2012 | 1,489,868 | 2,125,369 | −635,501 | 40.6 | 0% |
| 2013 | 1,578,045 | 1,118,010 | 460,035 | 94.0 | 0% |
| 2014 | 2,548,256 | 2,075,590 | 472,666 | 52.7 | 0% |
| 2015 | 1,661,489 | 1,074,337 | 587,152 | 105.5 | 0% |
| 2016 | 2,810,115 | 1,713,996 | 1,096,119 | 78.3 | 0% |
| 2017 | 2,020,146 | 1,883,730 | 136,416 | 82.4 | 0% |
| 2018 | 1,895,585 | 1,737,697 | 157,888 | 85.3 | 0% |
| 2019 | 1,209,404 | 1,557,951 | −348,547 | 109.4 | 0% |
| 2020 | 5,134,598 | 2,486,162 | 2,648,436 | 76.1 | 0% |
| 2021 | 1,310,322 | 1,111,957 | 198,365 | 209.3 | 0% |
| 2022 | 688,702 | 1,047,073 | −358,371 | 189.2 | 28% |
| 2023 | 848,068 | 875,147 | −27,079 | 249.9 | 32% |
In its most recent public year (2023), this organization spent $27,079 more than it brought in. Its reserves stood at about 249.9 months of spending, up from 40.4 in 2011. Staff pay was 32% of spending. $7,744,527 of its net assets are donor-restricted.
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 Hospital Foundation Inc'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