Lake Forest Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,511,579 | 2,474,750 | 36,829 | 6.1 | 53% |
| 2012 | 979,255 | 961,128 | 18,127 | 16.1 | 48% |
| 2013 | 2,773,811 | 2,689,932 | 83,879 | 6.0 | 56% |
| 2015 | 2,622,220 | 2,801,417 | −179,197 | 5.4 | 53% |
| 2016 | 2,508,369 | 2,676,264 | −167,895 | 5.0 | 50% |
| 2017 | 2,319,667 | 2,641,283 | −321,616 | 3.8 | 51% |
| 2018 | 2,277,162 | 2,698,004 | −420,842 | 2.0 | 46% |
| 2019 | 2,434,070 | 2,632,004 | −197,934 | -5.4 | 46% |
| 2020 | 2,459,905 | 2,541,500 | −81,595 | -6.1 | 44% |
| 2021 | 2,667,602 | 1,878,317 | 789,285 | -8.0 | 49% |
| 2022 | 3,426,094 | 3,027,313 | 398,781 | -4.2 | 40% |
| 2023 | 3,204,074 | 3,825,465 | −621,391 | -6.0 | 42% |
In its most recent public year (2023), this organization spent $621,391 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6 months), down from 6.1 in 2011. Staff pay was 42% 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
Lake Forest Club's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works