Lake View Towers Residents Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,766,898 | 8,012,335 | −1,245,437 | -2.9 | 7% |
| 2012 | 6,826,988 | 8,965,864 | −2,138,876 | -5.5 | 7% |
| 2013 | 6,876,194 | 7,065,679 | −189,485 | -7.2 | 9% |
| 2014 | 7,018,383 | 7,074,382 | −55,999 | -7.3 | 9% |
| 2015 | 6,887,515 | 6,831,244 | 56,271 | -7.5 | 10% |
| 2016 | 6,982,164 | 7,421,231 | −439,067 | -7.6 | 9% |
| 2017 | 6,991,909 | 7,274,656 | −282,747 | -8.2 | 9% |
| 2018 | 7,313,114 | 7,162,022 | 151,092 | -8.1 | 10% |
| 2019 | 9,247,590 | 8,955,663 | 291,927 | -8.0 | 9% |
| 2020 | 9,028,041 | 9,113,976 | −85,935 | -8.0 | 8% |
| 2021 | 9,007,735 | 9,340,054 | −332,319 | -8.2 | 9% |
| 2022 | 9,205,558 | 20,867,649 | −11,662,091 | -10.4 | 4% |
| 2023 | 9,354,049 | 9,749,328 | −395,279 | -22.7 | 9% |
In its most recent public year (2023), this organization spent $395,279 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-22.7 months), down from -2.9 in 2011. Staff pay was 9% 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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