Lake Lure Community Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 167,816 | 16,811 | 151,005 | 129.9 | — |
| 2014 | 71,126 | 18,108 | 53,018 | 155.7 | — |
| 2015 | 40,913 | 3,256 | 37,657 | 1004.7 | — |
| 2018 | 730,552 | 276,744 | 453,808 | 30.7 | 0% |
| 2019 | 651,808 | 527,843 | 123,965 | 18.9 | 0% |
| 2020 | 658,033 | 583,267 | 74,766 | 18.6 | 0% |
| 2021 | 644,885 | 645,679 | −794 | 16.8 | 0% |
| 2022 | 658,607 | 659,241 | −634 | 16.5 | 0% |
| 2023 | 669,103 | 471,964 | 197,139 | 21.9 | 0% |
In its most recent public year (2023), this organization brought in $197,139 more than it spent. Its reserves stood at about 21.9 months of spending, down from 129.9 in 2013. Staff pay was 0% 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 Lure Community Education Foundation'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