Lake Community Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | −1,780,191 | 226,831 | −2,007,022 | 60.7 | 18% |
| 2013 | 88,769 | 216,728 | −127,959 | 56.4 | 18% |
| 2014 | 134,206 | 229,792 | −95,586 | 48.2 | 19% |
| 2015 | 101,001 | 239,118 | −138,117 | 39.4 | 17% |
| 2016 | −467,117 | 143,176 | −610,293 | 14.7 | 2% |
| 2017 | 24,846 | 78,155 | −53,309 | 18.7 | 0% |
| 2018 | 16,814 | 86,991 | −70,177 | 7.7 | 0% |
| 2019 | 63,543 | 93,960 | −30,417 | 3.2 | 0% |
| 2020 | 34,816 | 70,710 | −35,894 | -4.6 | 0% |
| 2021 | 584,933 | 92,993 | 491,940 | 60.0 | 0% |
| 2022 | 0 | 14,547 | −14,547 | 371.4 | — |
| 2023 | 15,917 | 19,435 | −3,518 | 275.8 | — |
| 2024 | 2,710 | 5,269 | −2,559 | 1011.5 | — |
In its most recent public year (2024), this organization spent $2,559 more than it brought in. Its reserves stood at about 1011.5 months of spending, up from 60.7 in 2012.
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 Community Foundation Inc'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