Lake Area Christian School Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 216,890 | 237,748 | −20,858 | 11.5 | 54% |
| 2013 | 215,849 | 217,258 | −1,409 | 12.5 | 51% |
| 2014 | 178,502 | 162,362 | 16,140 | 17.9 | 46% |
| 2015 | 169,613 | 169,023 | 590 | 17.3 | 50% |
| 2016 | 182,662 | 192,734 | −10,072 | 14.5 | 51% |
| 2017 | 136,422 | 177,741 | −41,319 | 13.0 | 46% |
| 2018 | 138,966 | 157,595 | −18,629 | 13.2 | 42% |
| 2019 | 129,869 | 138,011 | −8,142 | 14.4 | 47% |
| 2020 | 137,326 | 129,675 | 7,651 | 16.0 | 49% |
| 2021 | 380,631 | 162,051 | 218,580 | 29.0 | 40% |
| 2022 | 263,812 | 203,730 | 60,082 | 26.6 | 51% |
| 2023 | 283,548 | 248,604 | 34,944 | 23.5 | 51% |
| 2024 | 263,389 | 245,668 | 17,721 | 24.6 | 60% |
In its most recent public year (2024), this organization brought in $17,721 more than it spent. Its reserves stood at about 24.6 months of spending, up from 11.5 in 2012. Staff pay was 60% 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 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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