Genesis By The Lake Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 188,803 | 190,509 | −1,706 | -1.3 | 0% |
| 2017 | 250,198 | 141,146 | 109,052 | 7.5 | 0% |
| 2018 | 117,106 | 107,382 | 9,724 | 10.9 | 0% |
| 2019 | 26,972 | 55,684 | −28,712 | 14.9 | 0% |
| 2020 | 23,725 | 45,812 | −22,087 | 12.3 | 0% |
| 2021 | 21,900 | 45,591 | −23,691 | 6.1 | 0% |
| 2022 | 21,900 | 45,838 | −23,938 | -0.2 | 0% |
| 2023 | 21,900 | 47,079 | −25,179 | -6.6 | 0% |
In its most recent public year (2023), this organization spent $25,179 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.6 months), down from -1.3 in 2016. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works