Lake Central Youth Basketball Assn Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 109,182 | 106,572 | 2,610 | 9.9 | — |
| 2021 | 36 | 3,595 | −3,559 | 280.3 | — |
| 2022 | 69,933 | 81,435 | −11,502 | 10.7 | — |
| 2023 | 96,040 | 97,982 | −1,942 | 8.6 | — |
| 2024 | 87,063 | 87,634 | −571 | 9.6 | — |
In its most recent public year (2024), this organization spent $571 more than it brought in. Its reserves stood at about 9.6 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 2024. 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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