Spring Lake Assn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,971,351 | 1,910,738 | 60,613 | 22.6 | 47% |
| 2012 | 1,796,494 | 1,542,160 | 254,334 | -0.3 | 43% |
| 2013 | 1,374,788 | 1,406,387 | −31,599 | -0.8 | 42% |
| 2014 | 1,410,676 | 1,448,112 | −37,436 | -1.1 | 42% |
| 2015 | 1,358,575 | 1,348,010 | 10,565 | -1.3 | 43% |
| 2016 | 1,462,888 | 1,447,024 | 15,864 | -1.3 | 42% |
| 2017 | 1,528,845 | 1,582,274 | −53,429 | -1.7 | 44% |
| 2018 | 1,657,164 | 1,605,913 | 51,251 | -1.3 | 44% |
| 2019 | 1,580,620 | 1,583,442 | −2,822 | -1.5 | 44% |
| 2020 | 1,396,088 | 1,484,498 | −88,410 | -2.3 | 42% |
| 2021 | 1,984,552 | 1,713,205 | 271,347 | -0.1 | 48% |
| 2022 | 2,005,233 | 1,925,772 | 79,461 | 4.2 | 48% |
| 2023 | 2,090,583 | 1,951,973 | 138,610 | 5.0 | 47% |
In its most recent public year (2023), this organization brought in $138,610 more than it spent. Its reserves stood at about 5 months of spending, down from 22.6 in 2011. Staff pay was 47% of spending. $586,505 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
Spring Lake Assn'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