Laurel Lake Retirement Community Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 803,203 | 377,146 | 426,057 | 134.4 | 0% |
| 2012 | 787,491 | 367,548 | 419,943 | 111.9 | 0% |
| 2013 | 1,773,982 | 997,368 | 776,614 | 52.1 | 0% |
| 2014 | 2,022,012 | 307,222 | 1,714,790 | 211.1 | 0% |
| 2015 | 1,007,884 | 994,598 | 13,286 | 61.2 | 0% |
| 2016 | 445,843 | 779,286 | −333,443 | 79.6 | 0% |
| 2017 | 851,471 | 1,965,194 | −1,113,723 | 25.6 | 0% |
| 2018 | 162,047 | 457,916 | −295,869 | 93.3 | 0% |
| 2019 | 197,199 | 557,890 | −360,691 | 78.0 | 0% |
| 2020 | 621,431 | 309,719 | 311,712 | 151.2 | 0% |
| 2021 | 1,260,526 | 354,866 | 905,660 | 167.9 | 0% |
| 2022 | 814,844 | 345,190 | 469,654 | 159.7 | 0% |
| 2023 | 291,573 | 313,505 | −21,932 | 193.5 | 4% |
In its most recent public year (2023), this organization spent $21,932 more than it brought in. Its reserves stood at about 193.5 months of spending, up from 134.4 in 2011. Staff pay was 4% of spending. $1,895,160 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
Laurel Lake Retirement Community 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