Houghton Lake Area Tourism And Convention Bureau Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 102,341 | 48,877 | 53,464 | 12.1 | — |
| 2012 | 69,347 | 52,402 | 16,945 | 15.1 | — |
| 2013 | 79,513 | 60,074 | 19,439 | 17.1 | — |
| 2014 | 76,726 | 72,044 | 4,682 | 15.0 | — |
| 2015 | 79,345 | 66,725 | 12,620 | 18.5 | — |
| 2016 | 87,833 | 67,111 | 20,722 | 22.1 | — |
| 2017 | 89,573 | 91,597 | −2,024 | 15.9 | — |
| 2018 | 97,322 | 98,413 | −1,091 | 14.7 | — |
| 2019 | 97,294 | 95,128 | 2,166 | 15.5 | — |
| 2020 | 92,639 | 100,782 | −8,143 | 13.6 | — |
| 2021 | 121,803 | 103,468 | 18,335 | 15.4 | — |
| 2022 | 140,608 | 125,862 | 14,746 | 14.1 | — |
| 2023 | 146,919 | 133,650 | 13,269 | 14.4 | — |
In its most recent public year (2023), this organization brought in $13,269 more than it spent. Its reserves stood at about 14.4 months of spending, up from 12.1 in 2011.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works