Rockford Lutheran Schools Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 132,458 | 166,521 | −34,063 | 89.4 | 0% |
| 2013 | 164,951 | 129,206 | 35,745 | 132.4 | 0% |
| 2014 | 179,026 | 143,611 | 35,415 | 131.4 | 0% |
| 2015 | 555,126 | 176,624 | 378,502 | 118.3 | 0% |
| 2016 | 118,834 | 347,703 | −228,869 | 50.2 | 0% |
| 2017 | 190,389 | 154,851 | 35,538 | 121.7 | 0% |
| 2018 | 117,882 | 186,788 | −68,906 | 99.4 | 0% |
| 2019 | 495,158 | 205,055 | 290,103 | 106.7 | 0% |
| 2020 | 172,520 | 149,500 | 23,020 | 144.0 | 0% |
| 2021 | 151,909 | 202,543 | −50,634 | 123.3 | 0% |
| 2022 | 219,337 | 162,962 | 56,375 | 128.4 | 0% |
| 2023 | 70,239 | 177,210 | −106,971 | 116.9 | 0% |
In its most recent public year (2023), this organization spent $106,971 more than it brought in. Its reserves stood at about 116.9 months of spending, up from 89.4 in 2012. Staff pay was 0% of spending. $1,320,487 of its net assets are donor-restricted.
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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