Lake Region Golf Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 439,248 | 409,360 | 29,888 | 3.4 | 32% |
| 2021 | 533,228 | 444,497 | 88,731 | 5.3 | 32% |
| 2022 | 531,114 | 475,050 | 56,064 | 6.4 | 33% |
| 2023 | 564,000 | 511,191 | 52,809 | 7.2 | 34% |
In its most recent public year (2023), this organization brought in $52,809 more than it spent. Its reserves stood at about 7.2 months of spending, up from 3.4 in 2020. Staff pay was 34% 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
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