Lake Elmore Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 37,452 | 30,377 | 7,075 | 19.1 | — |
| 2020 | 46,527 | 29,044 | 17,483 | 27.2 | — |
| 2021 | 51,960 | 24,120 | 27,840 | 46.5 | — |
| 2022 | 38,576 | 50,632 | −12,056 | 19.3 | — |
| 2023 | 74,576 | 35,649 | 38,927 | 40.5 | — |
In its most recent public year (2023), this organization brought in $38,927 more than it spent. Its reserves stood at about 40.5 months of spending, up from 19.1 in 2019.
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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