Lake Hickory Country Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 4,567,928 | 4,657,910 | −89,982 | 1.2 | 51% |
| 2020 | 4,359,542 | 4,455,424 | −95,882 | 1.0 | 50% |
| 2021 | 5,915,966 | 4,720,428 | 1,195,538 | 4.0 | 51% |
| 2022 | 5,457,620 | 5,279,512 | 178,108 | 4.1 | 51% |
| 2023 | 6,092,840 | 6,046,870 | 45,970 | 3.7 | 51% |
In its most recent public year (2023), this organization brought in $45,970 more than it spent. Its reserves stood at about 3.7 months of spending, up from 1.2 in 2019. Staff pay was 51% 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
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