Lake Preston Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,005 | 6,645 | 9,360 | 444.4 | — |
| 2012 | 26,745 | 15,268 | 11,477 | 202.4 | — |
| 2013 | 19,789 | 4,810 | 14,979 | 680.0 | — |
| 2014 | 18,732 | 14,304 | 4,428 | 232.4 | — |
| 2015 | 29,985 | 7,391 | 22,594 | 486.4 | — |
| 2017 | 26,689 | 15,180 | 11,509 | 259.7 | — |
| 2018 | 47,842 | 53,806 | −5,964 | 71.9 | — |
| 2020 | 41,410 | 10,735 | 30,675 | 420.5 | — |
| 2021 | 51,204 | 84,926 | −33,722 | 48.4 | — |
| 2022 | 293,316 | 92,878 | 200,438 | 57.4 | 0% |
| 2023 | 129,653 | 3,210 | 126,443 | 2590.3 | 0% |
In its most recent public year (2023), this organization brought in $126,443 more than it spent. Its reserves stood at about 2590.3 months of spending, up from 444.4 in 2011. Staff pay was 0% 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
Lake Preston Development Corporation'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