Lake Leelanau Lake Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 59,466 | 36,316 | 23,150 | 25.0 | — |
| 2013 | 50,068 | 44,967 | 5,101 | 21.5 | — |
| 2014 | 38,512 | 23,688 | 14,824 | 48.3 | — |
| 2015 | 34,851 | 26,709 | 8,142 | 46.6 | — |
| 2016 | 64,648 | 100,605 | −35,957 | 8.5 | — |
| 2017 | 85,554 | 70,377 | 15,177 | 14.8 | — |
| 2018 | 76,614 | 54,264 | 22,350 | 24.1 | — |
| 2019 | 42,210 | 55,753 | −13,543 | 20.5 | — |
| 2020 | 190,829 | 129,666 | 61,163 | 18.9 | — |
| 2021 | 251,646 | 123,237 | 128,409 | 32.4 | 0% |
| 2022 | 465,084 | 290,317 | 174,767 | 21.7 | 15% |
| 2023 | 735,468 | 331,439 | 404,029 | 33.5 | 14% |
In its most recent public year (2023), this organization brought in $404,029 more than it spent. Its reserves stood at about 33.5 months of spending, up from 25 in 2012. Staff pay was 14% of spending. $229,912 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
Lake Leelanau Lake Association'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