Lecom At Presque Isle Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 4,490,805 | 4,850,369 | −359,564 | 51.1 | 42% |
| 2017 | 9,794,204 | 11,149,735 | −1,355,531 | 20.8 | 45% |
| 2018 | 9,138,383 | 11,272,950 | −2,134,567 | 20.9 | 49% |
| 2019 | 10,260,393 | 12,029,917 | −1,769,524 | 19.3 | 46% |
| 2020 | 11,254,040 | 12,510,152 | −1,256,112 | 18.6 | 52% |
| 2021 | 11,034,929 | 11,783,104 | −748,175 | 19.0 | 49% |
| 2022 | 10,104,148 | 11,614,822 | −1,510,674 | 19.7 | 53% |
| 2023 | 11,234,207 | 11,248,721 | −14,514 | 20.4 | 52% |
In its most recent public year (2023), this organization spent $14,514 more than it brought in. Its reserves stood at about 20.4 months of spending, down from 51.1 in 2016. Staff pay was 52% 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
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