Lapeer Community Schools Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 50,829 | 50,270 | 559 | 5.8 | — |
| 2017 | 48,168 | 63,891 | −15,723 | 1.6 | — |
| 2018 | 95,686 | 63,276 | 32,410 | 7.8 | — |
| 2019 | 75,636 | 78,678 | −3,042 | 5.8 | — |
| 2020 | 17,746 | 28,953 | −11,207 | 11.1 | — |
In its most recent public year (2020), this organization spent $11,207 more than it brought in. Its reserves stood at about 11.1 months of spending, up from 5.8 in 2016.
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 2020. 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
Lapeer Community Schools Education Foundation's IRS filings as a feed — one entry per filing year, through 2020. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works