Lake Placid Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 313,400 | −313,400 | 265.9 | 0% |
| 2021 | 0 | 297,194 | −297,194 | 345.9 | 0% |
| 2022 | 250 | 314,798 | −314,548 | 264.2 | 0% |
| 2023 | 0 | 450,926 | −450,926 | 193.6 | 0% |
| 2024 | 0 | 347,270 | −347,270 | 271.0 | 0% |
In its most recent public year (2024), this organization spent $347,270 more than it brought in. Its reserves stood at about 271 months of spending, up from 265.9 in 2020. 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 2024. 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 Placid Education Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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