Lake Norman Little League Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 51,560 | 53,684 | −2,124 | 4.6 | — |
| 2011 | 63,933 | 81,185 | −17,252 | 0.5 | — |
| 2012 | 83,649 | 84,845 | −1,196 | 0.3 | — |
| 2013 | 113,715 | 109,913 | 3,802 | 0.7 | — |
| 2014 | 108,727 | 107,784 | 943 | 0.8 | — |
| 2015 | 147,994 | 128,322 | 19,672 | 2.5 | — |
| 2016 | 224,119 | 227,147 | −3,028 | 1.2 | 0% |
| 2017 | 294,510 | 261,291 | 33,219 | 2.6 | 0% |
| 2018 | 295,960 | 305,564 | −9,604 | 1.9 | 0% |
| 2019 | 338,193 | 285,633 | 52,560 | 4.2 | 0% |
| 2020 | 212,993 | 195,413 | 17,580 | 7.2 | 0% |
| 2021 | 408,180 | 382,594 | 25,586 | 4.5 | 0% |
| 2022 | 480,666 | 495,227 | −14,561 | 3.1 | 0% |
| 2023 | 524,041 | 598,603 | −74,562 | 1.1 | 0% |
In its most recent public year (2023), this organization spent $74,562 more than it brought in. Its reserves stood at about 1.1 months of spending, down from 4.6 in 2010. 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
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