Lakes Area Recreation Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 120,324 | 102,536 | 17,788 | 16.1 | 0% |
| 2013 | 156,224 | 123,148 | 33,076 | 18.0 | 0% |
| 2014 | 156,041 | 113,144 | 42,897 | 24.1 | 0% |
| 2015 | 187,292 | 184,278 | 3,014 | 15.0 | 0% |
| 2017 | 219,663 | 228,587 | −8,924 | 14.4 | 0% |
| 2018 | 118,923 | 153,396 | −34,473 | 20.5 | 0% |
| 2019 | 237,415 | 208,841 | 28,574 | 16.6 | 0% |
| 2020 | 86,446 | 84,167 | 2,279 | 41.6 | 0% |
| 2021 | 240,037 | 152,984 | 87,053 | 29.7 | 0% |
| 2022 | 302,305 | 292,220 | 10,085 | 16.1 | 0% |
| 2023 | 312,801 | 284,397 | 28,404 | 17.7 | 0% |
In its most recent public year (2023), this organization brought in $28,404 more than it spent. Its reserves stood at about 17.7 months of spending, up from 16.1 in 2012. Staff pay was 0% of spending.
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
Lakes Area Recreation Association 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