Lakefront Senior Residences Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 179,040 | 269,841 | −90,801 | 57.7 | 13% |
| 2013 | 179,126 | 238,911 | −59,785 | 62.2 | 13% |
| 2014 | 175,814 | 235,931 | −60,117 | 59.9 | 15% |
| 2015 | 178,539 | 249,239 | −70,700 | 53.3 | 15% |
| 2016 | 196,583 | 247,344 | −50,761 | 51.2 | 14% |
| 2017 | 202,285 | 273,624 | −71,339 | 43.2 | 0% |
| 2018 | 202,876 | 285,852 | −82,976 | 37.9 | 0% |
| 2019 | 214,448 | 334,611 | −120,163 | 28.0 | 0% |
| 2020 | 228,966 | 340,026 | −111,060 | 23.7 | 0% |
| 2021 | 250,333 | 312,494 | −62,161 | 23.4 | 0% |
| 2022 | 258,383 | 308,331 | −49,948 | 21.7 | 0% |
| 2023 | 276,411 | 352,017 | −75,606 | 16.5 | 0% |
In its most recent public year (2023), this organization spent $75,606 more than it brought in. Its reserves stood at about 16.5 months of spending, down from 57.7 in 2012. Staff pay was 0% of spending. $2,163,900 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
Lakefront Senior Residences Inc's IRS filings as a feed — one entry per filing year, through 2023. 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