everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Lapeer Community Scholarship And Student Loan Fund Incorporated

Lapeer, MI / EIN 38-3415982 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201213,23616,069−2,833353.9
201316,53664,076−47,54081.8
201418,10416,3751,729332.0
201521,22916,0395,190338.4
201617,79514,6563,139372.0
201714,66215,548−886366.1
201836,44314,73821,705403.3
201921,18514,7106,475419.324%
202021,67119,2782,393321.619%
202121,65120,5481,103316.80%
202239,15321,67917,474291.70%
202322,77620,6632,113314.40%

In its most recent public year (2023), this organization brought in $2,113 more than it spent. Its reserves stood at about 314.4 months of spending, down from 353.9 in 2012. Staff pay was 0% 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 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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