Lake Area Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 167,779 | 199,662 | −31,883 | 10.4 | 9% |
| 2012 | 263,451 | 242,068 | 21,383 | 9.6 | 8% |
| 2013 | 287,686 | 263,547 | 24,139 | 10.0 | 7% |
| 2014 | 282,333 | 278,357 | 3,976 | 9.6 | 7% |
| 2015 | 333,184 | 324,162 | 9,022 | 8.6 | 5% |
| 2016 | 413,045 | 348,163 | 64,882 | 9.0 | 6% |
| 2017 | 251,034 | 263,834 | −12,800 | 11.3 | 8% |
| 2018 | 333,875 | 252,031 | 81,844 | 15.5 | 8% |
| 2019 | 260,573 | 273,749 | −13,176 | 13.8 | 8% |
| 2020 | 124,368 | 100,353 | 24,015 | 40.6 | 17% |
| 2021 | 170,004 | 76,205 | 93,799 | 67.0 | 29% |
| 2022 | 356,971 | 290,101 | 66,870 | 20.2 | 12% |
| 2023 | 395,600 | 225,003 | 170,597 | 35.2 | 0% |
| 2024 | 110,385 | 89,201 | 21,184 | 91.7 | 46% |
In its most recent public year (2024), this organization brought in $21,184 more than it spent. Its reserves stood at about 91.7 months of spending, up from 10.4 in 2011. Staff pay was 46% 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 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
Lake Area Ministries Inc's IRS filings as a feed — one entry per filing year, through 2024. 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