Lake Central Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 10,513 | 13,878 | −3,365 | 44.1 | — |
| 2015 | 14,591 | 18,643 | −4,052 | 30.2 | — |
| 2016 | 16,158 | 18,787 | −2,629 | 28.3 | — |
| 2017 | 19,640 | 10,585 | 9,055 | 60.5 | — |
| 2018 | 9,826 | 9,618 | 208 | 66.8 | — |
| 2019 | 13,281 | 11,178 | 2,103 | 59.7 | — |
| 2020 | 5,541 | 8,099 | −2,558 | 78.7 | — |
| 2021 | 24,323 | 4,745 | 19,578 | 183.9 | — |
| 2022 | 29,843 | 27,237 | 2,606 | 33.2 | — |
| 2023 | 21,566 | 10,167 | 11,399 | 102.4 | — |
In its most recent public year (2023), this organization brought in $11,399 more than it spent. Its reserves stood at about 102.4 months of spending, up from 44.1 in 2014.
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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