Lakes Region Community Services Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 205,758 | 73,540 | 132,218 | 71.3 | 0% |
| 2021 | 81,792 | 140,663 | −58,871 | 37.5 | 0% |
| 2022 | 39,872 | 6,160 | 33,712 | 815.2 | 0% |
| 2023 | 80,474 | 59,470 | 21,004 | 96.6 | 0% |
In its most recent public year (2023), this organization brought in $21,004 more than it spent. Its reserves stood at about 96.6 months of spending, up from 71.3 in 2020. Staff pay was 0% of spending. $153,476 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 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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