everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Lake Country Power

Mountain Iron, MN / EIN 41-1857633 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201175,640,87075,614,89125,97913.91%
201279,276,45179,385,291−108,84014.01%
201383,783,05083,786,074−3,02413.81%
201492,811,59092,781,17630,41413.11%
201585,108,39585,082,99325,40214.11%
201690,699,35990,665,39333,96613.61%
201793,558,35693,525,19033,16613.81%
201894,052,46394,050,9371,52614.21%
201992,858,61892,867,610−8,99214.31%
202092,478,65992,524,413−45,75414.51%
202199,712,24399,742,340−30,09714.01%
2022110,864,875110,871,573−6,69813.51%
2023110,408,177110,408,177014.61%

In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 14.6 months of spending. Staff pay was 1% 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

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