Northern Lakes Economic Alliance
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 596,402 | 563,057 | 33,345 | 5.2 | 60% |
| 2012 | 485,178 | 505,641 | −20,463 | 5.3 | 63% |
| 2013 | 460,822 | 431,994 | 28,828 | 7.0 | 58% |
| 2014 | 476,605 | 427,719 | 48,886 | 8.4 | 59% |
| 2015 | 477,886 | 467,672 | 10,214 | 7.9 | 62% |
| 2016 | 552,384 | 496,368 | 56,016 | 9.1 | 63% |
| 2017 | 615,711 | 519,448 | 96,263 | 10.9 | 58% |
| 2018 | 660,941 | 619,539 | 41,402 | 9.9 | 55% |
| 2019 | 547,907 | 671,893 | −123,986 | 6.9 | 49% |
| 2020 | 554,203 | 529,636 | 24,567 | 9.4 | 53% |
| 2021 | 429,968 | 426,544 | 3,424 | 11.7 | 63% |
| 2022 | 444,068 | 452,909 | −8,841 | 11.2 | 62% |
| 2023 | 468,906 | 557,848 | −88,942 | 7.1 | 67% |
In its most recent public year (2023), this organization spent $88,942 more than it brought in. Its reserves stood at about 7.1 months of spending, up from 5.2 in 2011. Staff pay was 67% 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
Northern Lakes Economic Alliance'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