Lake Wales Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 69,879 | −69,879 | -12.0 | 0% |
| 2017 | 1,414,184 | 550,435 | 863,749 | 18.8 | 12% |
| 2018 | 829,075 | 852,538 | −23,463 | 11.3 | 6% |
| 2019 | 2,206,698 | 947,911 | 1,258,787 | 4.0 | 6% |
| 2020 | 12,920 | 149 | 12,771 | 0.0 | 0% |
| 2021 | 0 | 0 | 0 | — | — |
In its most recent public year (2021), this organization brought in $0 more than it spent.
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 2021. 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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