Lake Area Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 39,474 | 44,372 | −4,898 | 35.5 | — |
| 2022 | 46,621 | 43,092 | 3,529 | 37.5 | — |
| 2023 | 45,485 | 46,616 | −1,131 | 34.4 | — |
In its most recent public year (2023), this organization spent $1,131 more than it brought in. Its reserves stood at about 34.4 months of spending, down from 35.5 in 2021.
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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