Capitol Lakes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 18,834,618 | 22,058,410 | −3,223,792 | -12.3 | 30% |
| 2012 | 18,060,645 | 23,004,607 | −4,943,962 | -15.0 | 31% |
| 2013 | 18,797,533 | 23,706,327 | −4,908,794 | -15.7 | 30% |
| 2014 | 19,118,459 | 24,106,167 | −4,987,708 | -20.8 | 30% |
| 2015 | 20,924,251 | 25,149,163 | −4,224,912 | -21.9 | 30% |
| 2016 | 24,407,507 | 29,317,418 | −4,909,911 | -20.9 | 28% |
| 2017 | 21,042,816 | 23,000,568 | −1,957,752 | -27.7 | 37% |
| 2018 | 22,166,421 | 24,164,678 | −1,998,257 | -27.4 | 38% |
| 2019 | 22,876,256 | 24,383,188 | −1,506,932 | -27.8 | 38% |
| 2020 | 21,761,674 | 22,992,133 | −1,230,459 | -30.1 | 40% |
| 2021 | 22,055,000 | 22,903,779 | −848,779 | -30.6 | 39% |
| 2022 | 33,889,765 | 24,984,592 | 8,905,173 | -24.1 | 41% |
| 2023 | 21,802,691 | 24,508,647 | −2,705,956 | -25.9 | 37% |
In its most recent public year (2023), this organization spent $2,705,956 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-25.9 months), down from -12.3 in 2011. Staff pay was 37% of spending. $722,795 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
Capitol Lakes 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