Lorain Lighthouse Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,866 | 32,677 | −26,811 | 8.1 | — |
| 2012 | 7,963 | 18,688 | −10,725 | 7.2 | — |
| 2013 | 22,776 | 27,863 | −5,087 | 2.6 | — |
| 2014 | 102,055 | 97,133 | 4,922 | 1.4 | — |
| 2015 | 112,922 | 102,148 | 10,774 | 2.6 | — |
| 2016 | 35,885 | 44,599 | −8,714 | 2.2 | — |
| 2017 | 53,070 | 22,047 | 31,023 | 21.3 | — |
| 2018 | 50,321 | 50,270 | 51 | 9.4 | — |
| 2019 | 41,543 | 27,444 | 14,099 | 23.3 | — |
| 2020 | 40,104 | 20,675 | 19,429 | 42.2 | — |
| 2021 | 92,894 | 51,848 | 41,046 | 26.3 | — |
| 2022 | 126,190 | 96,279 | 29,911 | 17.9 | — |
| 2023 | 55,240 | 54,048 | 1,192 | 32.2 | — |
In its most recent public year (2023), this organization brought in $1,192 more than it spent. Its reserves stood at about 32.2 months of spending, up from 8.1 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 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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