Laker Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 125,757 | 104,462 | 21,295 | 34.0 | 0% |
| 2012 | 118,865 | 97,308 | 21,557 | 39.2 | 2% |
| 2013 | 125,077 | 128,613 | −3,536 | 29.3 | 1% |
| 2014 | 101,269 | 114,798 | −13,529 | 30.4 | 2% |
| 2015 | 80,275 | 71,796 | 8,479 | 50.0 | 4% |
| 2016 | 99,686 | 53,163 | 46,523 | 72.6 | 3% |
| 2017 | 63,772 | 79,531 | −15,759 | 46.2 | 8% |
| 2018 | 6,890 | 24,388 | −17,498 | 160.1 | 34% |
| 2019 | 47,083 | 26,726 | 20,357 | 155.3 | 2% |
| 2020 | 4,576 | 4,844 | −268 | 844.6 | 8% |
| 2021 | 43,197 | 9,833 | 33,364 | 279.6 | 8% |
| 2022 | 39,774 | 28,664 | 11,110 | 84.1 | 2% |
| 2023 | 23,296 | 41,593 | −18,297 | 59.1 | 23% |
| 2024 | 15,580 | 41,374 | −25,794 | 55.9 | 21% |
In its most recent public year (2024), this organization spent $25,794 more than it brought in. Its reserves stood at about 55.9 months of spending, up from 34 in 2011. Staff pay was 21% of spending. $5,966 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 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
Laker Educational Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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