Lakeland Institute For Learning Org
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 174,720 | 238,968 | −64,248 | -3.2 | — |
| 2018 | 278,271 | 276,453 | 1,818 | -1.2 | 55% |
| 2019 | 646,684 | 333,834 | 312,850 | -0.6 | 88% |
| 2020 | 749,207 | 728,242 | 20,965 | 0.2 | 57% |
| 2021 | 776,036 | 774,950 | 1,086 | 0.5 | 52% |
| 2022 | 775,926 | 801,679 | −25,753 | 0.1 | 56% |
| 2023 | 943,315 | 1,115,429 | −172,114 | 0.0 | 44% |
| 2024 | 1,070,007 | 1,228,927 | −158,920 | -3.7 | 46% |
In its most recent public year (2024), this organization spent $158,920 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.7 months). Staff pay was 46% 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 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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