Lake Area Technical Institute Alumni Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 40,349 | 41,871 | −1,522 | 14.5 | — |
| 2013 | 44,893 | 27,078 | 17,815 | 30.3 | — |
| 2014 | 27,297 | 30,944 | −3,647 | 25.7 | — |
| 2015 | 53,896 | 37,528 | 16,368 | 25.9 | — |
| 2016 | 44,386 | 41,195 | 3,191 | 24.5 | — |
| 2017 | 73,987 | 41,201 | 32,786 | 35.4 | — |
| 2018 | 76,039 | 15,288 | 60,751 | 145.2 | — |
| 2019 | 83,898 | 37,157 | 46,741 | 75.4 | — |
| 2020 | 81,033 | 49,953 | 31,080 | 63.2 | — |
| 2021 | 87,268 | 36,478 | 50,790 | 112.1 | — |
| 2022 | 79,131 | 15,887 | 63,244 | 287.7 | — |
| 2023 | 86,436 | 115,248 | −28,812 | 37.6 | — |
| 2024 | 77,147 | 54,730 | 22,417 | 86.3 | — |
In its most recent public year (2024), this organization brought in $22,417 more than it spent. Its reserves stood at about 86.3 months of spending, up from 14.5 in 2012.
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
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