Lake Region Lutheran Home Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,101,629 | 6,466,152 | 635,477 | -1.1 | 51% |
| 2012 | 6,901,201 | 6,578,628 | 322,573 | -0.5 | 53% |
| 2013 | 7,517,012 | 7,456,671 | 60,341 | -0.3 | 50% |
| 2014 | 2,116,699 | 2,051,600 | 65,099 | -2.5 | 57% |
| 2015 | 9,150,413 | 9,258,602 | −108,189 | -0.7 | 54% |
| 2016 | 9,442,374 | 9,723,753 | −281,379 | -1.0 | 54% |
| 2017 | 9,722,881 | 9,809,707 | −86,826 | -1.1 | 53% |
| 2018 | 9,547,434 | 10,181,260 | −633,826 | -2.6 | 53% |
| 2019 | 11,332,755 | 11,375,922 | −43,167 | -2.3 | 56% |
| 2020 | 16,209,686 | 15,948,572 | 261,114 | -1.5 | 57% |
| 2021 | 18,119,197 | 15,711,433 | 2,407,764 | 0.3 | 51% |
| 2022 | 16,257,793 | 15,905,056 | 352,737 | 0.6 | 43% |
| 2023 | 13,084,776 | 14,410,237 | −1,325,461 | -0.4 | 44% |
In its most recent public year (2023), this organization spent $1,325,461 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.4 months). Staff pay was 44% 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
Lake Region Lutheran Home Incorporated'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