Inland Lakes Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 165,421 | 67,375 | 98,046 | 270.3 | 0% |
| 2012 | 179,534 | 79,977 | 99,557 | 242.6 | 0% |
| 2013 | 168,123 | 84,993 | 83,130 | 240.1 | 0% |
| 2014 | 187,510 | 94,722 | 92,788 | 227.2 | 0% |
| 2015 | 200,640 | 99,165 | 101,475 | 229.3 | 0% |
| 2016 | 196,157 | 98,661 | 97,496 | 242.3 | 0% |
| 2017 | 221,171 | 98,383 | 122,788 | 262.4 | 0% |
| 2018 | 246,336 | 314,596 | −68,260 | 79.5 | 0% |
| 2019 | 679,765 | 112,924 | 566,841 | 281.6 | 0% |
| 2020 | 485,879 | 122,138 | 363,741 | 296.1 | 0% |
| 2021 | 657,228 | 133,168 | 524,060 | 318.8 | 0% |
| 2022 | 970,565 | 1,267,781 | −297,216 | 30.7 | 0% |
| 2023 | 692,194 | 182,757 | 509,437 | 246.2 | 0% |
In its most recent public year (2023), this organization brought in $509,437 more than it spent. Its reserves stood at about 246.2 months of spending, down from 270.3 in 2011. Staff pay was 0% of spending. $179,700 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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