Lakeshore Technical College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 219,706 | 204,026 | 15,680 | 103.4 | 0% |
| 2012 | 630,689 | 496,162 | 134,527 | 44.6 | 0% |
| 2013 | 1,167,322 | 923,873 | 243,449 | 27.8 | 0% |
| 2014 | 2,199,378 | 2,011,517 | 187,861 | 13.4 | 0% |
| 2015 | 816,938 | 304,312 | 512,626 | 102.7 | 0% |
| 2016 | 603,189 | 440,976 | 162,213 | 75.4 | 0% |
| 2017 | 1,151,597 | 559,084 | 592,513 | 74.6 | 0% |
| 2018 | 651,476 | 525,079 | 126,397 | 83.8 | 0% |
| 2019 | 917,321 | 836,143 | 81,178 | 54.1 | 0% |
| 2020 | 670,782 | 576,705 | 94,077 | 79.8 | 0% |
| 2021 | 727,114 | 510,611 | 216,503 | 107.8 | 0% |
| 2022 | 2,685,335 | 639,581 | 2,045,754 | 110.3 | 0% |
| 2023 | 852,080 | 2,963,371 | −2,111,291 | 16.3 | 0% |
In its most recent public year (2023), this organization spent $2,111,291 more than it brought in. Its reserves stood at about 16.3 months of spending, down from 103.4 in 2011. Staff pay was 0% of spending. $3,154,368 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
Lakeshore Technical College Foundation Inc'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