everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Forest Lake Property Owners Assn Of Arenac Co

Alger, MI / EIN 38-1981162 / Form 990 / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2012278,850274,6074,24333.533%
2013404,027284,525119,50237.428%
2014296,432271,24425,18840.327%
2015253,519245,2878,23245.033%
2016272,217266,9645,25341.631%
2017269,113248,68720,42645.636%
2018257,938251,4396,49945.431%
2019280,963317,738−36,77534.526%
2020162,162411,650−249,48819.421%
2021266,393399,925−133,53215.922%
20221,402,795373,0861,029,70950.250%
2023549,341257,114292,22786.437%
2024296,602433,242−136,64045.142%

In its most recent public year (2024), this organization spent $136,640 more than it brought in. Its reserves stood at about 45.1 months of spending, up from 33.5 in 2012. 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 2024. 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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