Greater Lansing Area Development Committee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 30,282 | 45,142 | −14,860 | 4.4 | — |
| 2014 | 18,719 | 17,366 | 1,353 | 12.4 | — |
| 2015 | 31,657 | 21,949 | 9,708 | 14.3 | — |
| 2016 | 56,744 | 65,401 | −8,657 | 3.2 | — |
| 2017 | 5,393 | 6,091 | −698 | 33.3 | — |
| 2018 | 10,759 | 10,677 | 82 | 19.8 | — |
| 2019 | 170,934 | 168,213 | 2,721 | 1.5 | — |
| 2020 | 71,937 | 76,763 | −4,826 | 2.5 | — |
| 2021 | 8,855 | 9,716 | −861 | 18.3 | — |
| 2022 | 15,244 | 8,448 | 6,796 | 30.7 | — |
| 2023 | 41,556 | 37,791 | 3,765 | 8.1 | — |
In its most recent public year (2023), this organization brought in $3,765 more than it spent. Its reserves stood at about 8.1 months of spending, up from 4.4 in 2013.
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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