Lake Region Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,364,761 | 3,453,577 | −88,816 | 0.7 | 63% |
| 2012 | 3,531,333 | 3,750,655 | −219,322 | 0.6 | 62% |
| 2013 | 3,652,770 | 3,639,401 | 13,369 | 0.7 | 66% |
| 2014 | 4,018,562 | 4,048,412 | −29,850 | 0.5 | 67% |
| 2015 | 4,224,573 | 4,163,715 | 60,858 | 0.7 | 68% |
| 2016 | 4,316,997 | 4,279,553 | 37,444 | 0.7 | 67% |
| 2017 | 4,191,537 | 4,248,081 | −56,544 | 0.6 | 67% |
| 2018 | 4,444,385 | 4,473,039 | −28,654 | 0.5 | 69% |
| 2019 | 6,120,046 | 5,371,246 | 748,800 | 2.1 | 70% |
| 2020 | 7,027,981 | 6,418,899 | 609,082 | 2.9 | 69% |
| 2021 | 7,505,142 | 7,104,973 | 400,169 | 3.3 | 68% |
| 2022 | 9,506,457 | 8,078,857 | 1,427,600 | 5.0 | 68% |
| 2023 | 9,193,984 | 8,872,371 | 321,613 | 5.0 | 67% |
In its most recent public year (2023), this organization brought in $321,613 more than it spent. Its reserves stood at about 5 months of spending, up from 0.7 in 2011. Staff pay was 67% 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 Corporation'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