Great Lakes Lighthouse Keepers Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 217,267 | 202,295 | 14,972 | 96.8 | 36% |
| 2012 | 223,418 | 194,635 | 28,783 | 102.9 | 39% |
| 2013 | 269,382 | 196,355 | 73,027 | 107.2 | 39% |
| 2014 | 222,800 | 178,517 | 44,283 | 120.9 | 43% |
| 2015 | 237,760 | 166,066 | 71,694 | 135.2 | 43% |
| 2016 | 195,631 | 169,703 | 25,928 | 134.1 | 44% |
| 2017 | 236,959 | 165,341 | 71,618 | 142.9 | 45% |
| 2018 | 178,856 | 171,985 | 6,871 | 137.8 | 46% |
| 2019 | 212,827 | 178,264 | 34,563 | 135.3 | 44% |
| 2020 | 156,508 | 146,387 | 10,121 | 165.6 | 45% |
| 2021 | 219,873 | 178,995 | 40,878 | 138.2 | 41% |
| 2022 | 196,153 | 206,333 | −10,180 | 119.3 | 44% |
| 2023 | 298,860 | 220,339 | 78,521 | 116.7 | 40% |
In its most recent public year (2023), this organization brought in $78,521 more than it spent. Its reserves stood at about 116.7 months of spending, up from 96.8 in 2011. Staff pay was 40% of spending. $1,196,170 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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