Spectacle Lake Improvement Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,799 | 5,810 | 989 | 60.1 | — |
| 2021 | 7,111 | 6,977 | 134 | 50.2 | — |
| 2022 | 6,720 | 1,913 | 4,807 | 213.3 | — |
| 2023 | 5,564 | 9,463 | −3,899 | 38.2 | — |
| 2024 | 9,008 | 9,996 | −988 | 35.4 | — |
In its most recent public year (2024), this organization spent $988 more than it brought in. Its reserves stood at about 35.4 months of spending, down from 60.1 in 2020.
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
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