Lake James Christian Assembly Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 500,516 | 597,493 | −96,977 | 18.0 | 32% |
| 2016 | 510,184 | 547,326 | −37,142 | 18.9 | 37% |
| 2017 | 551,730 | 553,541 | −1,811 | 18.6 | 37% |
| 2018 | 634,275 | 547,671 | 86,604 | 20.7 | 42% |
| 2019 | 620,657 | 644,264 | −23,607 | 17.2 | 32% |
| 2020 | 489,920 | 442,113 | 47,807 | 26.3 | 43% |
| 2021 | 736,861 | 580,232 | 156,629 | 23.3 | 37% |
| 2022 | 853,648 | 685,211 | 168,437 | 22.7 | 40% |
| 2023 | 794,878 | 848,995 | −54,117 | 17.5 | 35% |
In its most recent public year (2023), this organization spent $54,117 more than it brought in. Its reserves stood at about 17.5 months of spending. Staff pay was 35% 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 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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