Lunenburg Nottoway Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,519,966 | 2,863,059 | −343,093 | 6.1 | 0% |
| 2012 | 2,834,361 | 3,019,589 | −185,228 | 4.3 | 60% |
| 2013 | 2,815,950 | 2,922,800 | −106,850 | 4.1 | 58% |
| 2014 | 2,555,948 | 2,600,846 | −44,898 | 4.4 | 56% |
| 2015 | 2,475,088 | 2,599,391 | −124,303 | 3.8 | 56% |
| 2016 | 2,446,716 | 2,651,062 | −204,346 | 2.7 | 59% |
| 2017 | 2,775,242 | 3,423,050 | −647,808 | -0.2 | 51% |
| 2018 | 3,258,153 | 3,671,209 | −413,056 | -1.5 | 52% |
| 2019 | 3,661,626 | 3,717,869 | −56,243 | -1.7 | 56% |
| 2020 | 3,737,242 | 3,376,768 | 360,474 | -0.6 | 56% |
| 2021 | 3,674,445 | 3,432,726 | 241,719 | 0.3 | 58% |
| 2022 | 4,468,001 | 4,048,812 | 419,189 | 4.1 | 52% |
| 2023 | 6,300,557 | 5,303,919 | 996,638 | 5.4 | 43% |
In its most recent public year (2023), this organization brought in $996,638 more than it spent. Its reserves stood at about 5.4 months of spending. Staff pay was 43% of spending. $72,636 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
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