Lenawee County Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 259,143 | 239,119 | 20,024 | 24.2 | 0% |
| 2012 | 371,424 | 275,728 | 95,696 | 25.2 | 0% |
| 2013 | 265,540 | 258,920 | 6,620 | 27.2 | 0% |
| 2014 | 306,511 | 321,323 | −14,812 | 21.8 | 0% |
| 2015 | 316,382 | 237,780 | 78,602 | 33.2 | 0% |
| 2016 | 173,131 | 230,467 | −57,336 | 37.5 | 0% |
| 2017 | 255,220 | 222,316 | 32,904 | 41.2 | 0% |
| 2018 | 222,359 | 231,561 | −9,202 | 39.4 | 0% |
| 2019 | 369,808 | 307,411 | 62,397 | 31.9 | 0% |
| 2020 | 204,511 | 230,660 | −26,149 | 41.3 | 0% |
| 2021 | 252,379 | 232,916 | 19,463 | 43.7 | 0% |
| 2022 | 289,809 | 292,614 | −2,805 | 32.8 | 0% |
| 2023 | 878,796 | 292,390 | 586,406 | 57.4 | 0% |
| 2024 | 326,564 | 401,288 | −74,724 | 40.2 | 0% |
In its most recent public year (2024), this organization spent $74,724 more than it brought in. Its reserves stood at about 40.2 months of spending, up from 24.2 in 2011. Staff pay was 0% of spending. $489,444 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 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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