Lakeside Partners Of Wilmington Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 329,325 | 400,556 | −71,231 | 156.9 | 0% |
| 2022 | 331,512 | 421,604 | −90,092 | 145.6 | 0% |
| 2023 | 2,479,540 | 466,006 | 2,013,534 | 183.7 | 0% |
| 2024 | 2,336,407 | 788,086 | 1,548,321 | 132.9 | 0% |
In its most recent public year (2024), this organization brought in $1,548,321 more than it spent. Its reserves stood at about 132.9 months of spending, down from 156.9 in 2021. Staff pay was 0% of spending. $3,295,244 of its net assets are donor-restricted.
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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