everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Lumber River Development Corp

Pembroke, NC / EIN 56-2155945 / Form 990 / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201164,60663,0001,6061.2
201275,66774,3801,287-3.4
201369,78667,7622,024-4.90%
201475,95571,1754,780-3.90%
201576,24670,6185,628-3.00%
201662,78266,837−4,055-3.90%
201774,41467,7626,652-2.60%
201871,68069,5172,163-2.20%
201965,32571,566−6,241-3.20%
202069,19480,609−11,415-4.50%
202164,75162,0832,668-5.40%
202251,02276,971−25,949-8.40%
202376,10888,041−11,933-8.90%
202483,61590,299−6,684-9.60%

In its most recent public year (2024), this organization spent $6,684 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-9.6 months), down from 1.2 in 2011. 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

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