Lamoni Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 43,331 | 25,454 | 17,877 | 99.2 | 0% |
| 2022 | −948 | 46,859 | −47,807 | 43.1 | — |
| 2023 | 22,944 | 21,452 | 1,492 | 94.9 | — |
In its most recent public year (2023), this organization brought in $1,492 more than it spent. Its reserves stood at about 94.9 months of spending, down from 99.2 in 2019.
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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