Lansing Regional Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 309,885 | 285,267 | 24,618 | 0.7 | 0% |
| 2017 | 45,238 | 28,006 | 17,232 | 12.9 | — |
| 2018 | 91,137 | 45,449 | 45,688 | 20.0 | — |
| 2019 | 60,397 | 65,662 | −5,265 | 12.9 | — |
| 2020 | 13,411 | 34,416 | −21,005 | 17.3 | — |
| 2021 | 97,641 | 50,848 | 46,793 | 24.1 | — |
| 2022 | 81,675 | 59,082 | 22,593 | 25.3 | — |
| 2023 | 0 | 58 | −58 | 2282.5 | — |
In its most recent public year (2023), this organization spent $58 more than it brought in. Its reserves stood at about 2282.5 months of spending, up from 0.7 in 2016.
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
Lansing Regional Development Foundation'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