Downtown Lock Haven Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 60,162 | 54,432 | 5,730 | 7.9 | — |
| 2021 | 94,144 | 84,453 | 9,691 | 6.5 | — |
| 2022 | 53,350 | 62,557 | −9,207 | 7.0 | — |
In its most recent public year (2022), this organization spent $9,207 more than it brought in. Its reserves stood at about 7 months 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 2022. 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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