Lake Area Industries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,176,554 | 876,798 | 299,756 | 13.0 | 65% |
| 2021 | 1,220,368 | 923,791 | 296,577 | 16.2 | 63% |
| 2022 | 934,914 | 842,033 | 92,881 | 19.1 | 61% |
| 2023 | 1,079,580 | 875,929 | 203,651 | 21.1 | 58% |
In its most recent public year (2023), this organization brought in $203,651 more than it spent. Its reserves stood at about 21.1 months of spending, up from 13 in 2020. Staff pay was 58% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works